Tower Wins 2022 General Insurer of the Year Award
Insurance Business has named Tower as 2022 New Zealand General Insurer of the Year.
Insurance Business Global Editor, Paul Lucas says the Insurance Business Awards New Zealand (IBANZ) were more competitive than ever this year.
“Tower stood out with its innovative approach. It's a huge testament to the entire team at Tower Insurance, that they were able to secure the General Insurer of the Year Award - one of our most competitive categories.”
Tower’s focus on innovation and investment in large-scale digital transformation, has enabled the business to evolve rapidly, in-line with the latest in technology and customer expectations. The result is customer-focused, digital-first insurance solutions - combined with joining forces with like-minded partners, Tower has been able to create more, simpler products, to suit the modern lifestyles of its customers.
Last year alone, Tower launched EV, Boat, Pet and Travel insurance, and were also the first insurer in the country to implement fair and transparent pricing for customers, based on individual risk ratings for flooding and earthquakes.
“Overall, the entire team at Tower can be really proud of their accomplishments, especially as this award is determined by an independent panel of judges who know the New Zealand insurance market better than anyone,” says Lucas.
Hosted by Insurance Business, the annual, independent awards showcase the country’s most outstanding insurance companies and professionals, based on their achievements, best practices, and leadership over the past 12 months.
General Insurer of the Year is awarded for top performance in a range of categories, including financial results, innovation, contribution to the industry, and overall customer-centricity in its products and services.
Tower CEO, Blair Turnbull says the team is thrilled to receive the 2022 General Insurer of the Year award.
“We’re committed to delivering beautifully simple and rewarding experiences that our people and customers rave about. We’re so proud to be recognised for the work we’re doing to help Kiwi’s prepare for the unexpected. Using the insights from our data to understand our customers’ needs better, we’re continuing to develop innovative products that deepen our relationships with customers, improve revenue, and increase retention.
“We’re leading the way on digital and data, to bring innovative and best-in-class products to market – and we’re just getting started.”
The full list of 2022 Insurance Business Awards New Zealand winners can be found here:
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