Tower partners with Open
Open is teaming up with Tower Insurance to launch Huddle, bringing simple, personalised, digital-first insurance to New Zealand.
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Tower records sound half year result
Kiwi insurer, Tower Limited (NZX/ASX:TWR) has today reported half year profit of $12m, down from $14.9m for the half year 2020. Underlying profit before large events was $18m, 5% lower than the prior year.
Tower partnership a win for consumers
Kiwi insurer Tower today announced it is partnering with CSC Buying Group and New Zealand InsurTech start-up Sentro to provide hundreds of thousands of New Zealanders with access to discounted insurance for the first time.
Tower rating reaffirmed as A- (Excellent)
Global company rating specialist A.M. Best has reaffirmed Tower Limited’s financial strength rating at A- (Excellent).
Tower launches Barracks Cover with NZDF
Tower Insurance has partnered with the New Zealand Defence Force (NZDF) to provide tailored insurance policies to more than 150,000 people, covering current and former service men and women, and their families.
Tower to acquire ANZ legacy portfolio
Kiwi insurer Tower (NZX/ASX: TWR) announced it has agreed to pay $14m in cash to ANZ to acquire and assume ANZ’s rights and obligations relating to servicing a portfolio of insurance underwritten by Tower.
Canterbury earthquake Nov 2014
View more information or updates relating to the Christchurch earthquake here.
Data partnership to improve our sector
The University of Auckland is partnering with Kiwi insurer, Tower, to align academic research capabilities with real world industry needs.
Digital and data delivers growth
Tower announced underlying profit excluding large events increased 23% on the prior year to $34.7m, underlying profit including large events increased 3% on the prior year to $28.4 million, passing the top end of its guidance.
Tower supports new ways of working with EQC
Blair Turnbull, Tower Insurance’s Chief Executive Officer, welcomes the announcement that private insurers will be working with EQC to deliver better outcomes for customers after natural disaster events.