The New Zealand First Party leader says the situation in Christchurch has shown obvious need for a new state-owned insurance company.
Winston Peters addressed 170 enthusiastic party supporters at their annual conference in Christchurch today.
He says a bottom line for the party in any coalition will be their plan for a state-run KiwiSaver, known as KiwiFund, that would be government guaranteed, and reduce the fees savers paid to private fund managers.
Mr Peters also took a swing at insurance companies, saying he warned from the outset that the industry would rip off the people of Christchurch and all premium payers across the country.
"Generations of insurance payments gone and now insurance companies have the audacity to restore profits by ratcheting up premiums everywhere.
"If ever there was a case to restore a genuinely state owned insurance company, Christchurch has proved it."
Mr Peters is calling for a 24-7 approach to the rebuild in Christchurch, saying the Government hasn't shown leadership in the city.
Labour leader David Cunliffe says Mr Peters may have a point.
"We think there are some significant problems with the insurance sector there.
"We think the people of Christchurch have been incredibly patient and they're now facing a real housing crisis."Mr Cunliffe says Labour will also raise rebuild concerns at its annual conference in Christchurch in two weeks' time.