Tower Insurance - Latest News [Page 1]

Tower Pinpoints Fraud To Enable Faster Claims With New AI Partnership

Tuesday, 19 October 2021, 11:39 am | Tower Insurance

Tower partners with Dutch AI-based solution FRISS to automate and accelerate claims process Tower is set to further automate the process of detecting genuine and suspicious claims in real time, to allow for a faster process for customers in need. The automated ... More >>

Tower Appoints Chief Financial Officer

Tuesday, 19 October 2021, 11:37 am | Tower Insurance

Tower Limited (NZX/ASX:TWR) has appointed Paul Johnston as Chief Financial Officer, subject to completion of the regulatory approvals process. <img src="" width="612" height="720"> Mr Johnston will join Tower ... More >>

Want To Know Where To Get The Best Car Insurance Deal?

Tuesday, 19 October 2021, 11:34 am | Tower Insurance

Canstar’s inaugural Car Insurer of the Year Award has revealed what every car owner wants to know: Where to get the best value and features for insurance to protect one of your most expensive assets - your car. And the answer, according to Canstar’s ... More >>

New sustainability benefit for Tower house insurance

Wednesday, 15 September 2021, 9:15 am | Tower Insurance

Tower Insurance has made a change to how it supports customers dealing with the total loss of their house from events like fires or floods to incentivise them to rebuild their houses more sustainably. A payment of up to $15,000, on top of their usual ... More >>

Trade Me And Tower Renew Insurance Partnership

Friday, 6 August 2021, 10:36 am | Tower Insurance

Trade Me has extended its six-year partnership with Tower Insurance for at least another five years. Together the two Kiwi businesses will continue offering insurance to Trade Me’s millions of members and will invest further in new products and digital ... More >>

Insurance Competition Heats Up As Tower Partners With Open To Launch Disruptive Car And Home Insurance

Friday, 6 August 2021, 10:31 am | Tower Insurance

26 May 2021 Imagine a world in which you only pay for car insurance based on how much you drive, or your home contents policy is automatically updated when you buy new tech, art and furniture. This type of personalised insurance will soon be possible ... More >>

Smart Data Usage Helps Slash Insurance Quoting Time

Friday, 6 August 2021, 10:30 am | Tower Insurance

14 June 2021 Make insurance quotes as easy and fast as possible: That was the challenge Tower set itself. To achieve this, Tower has rewired its quoting process for car, house and contents insurance in its mission to provide the easiest, fastest and most ... More >>

Data Partnership Set To Improve The Insurance Sector

Friday, 6 August 2021, 10:30 am | Tower Insurance

University of Auckland and Tower partner to advance customer experience and deliver business efficiency The University of Auckland is partnering with Kiwi insurer, Tower, to align academic research capabilities with real world industry needs. Together ... More >>

Tower Insurance Hits The Water

Friday, 6 August 2021, 10:28 am | Tower Insurance

28 July 2021 Tower has today announced that it will now be offering boat insurance policies online. For the first time ever, Kiwis can arrange their house, contents, car and now their boat insurance online all with one insurer. For the estimated 1.7 ... More >>

Don’t Give In To Your Driving Vices This Easter

Friday, 6 August 2021, 10:26 am | Tower Insurance

GoCarma is supporting Kiwis to travel New Zealand During our lifetimes we spend the equivalent of more than four years driving around in our cars. So, you would think that Kiwis, given our love of long weekend roadies, are great drivers. But ... More >>

Tower Insurance And Allianz Partners Working Together To Provide Selected COVID-19 Travel Cover To Kiwis

Wednesday, 26 May 2021, 10:12 am | Tower Insurance

As New Zealand begins to open its borders with other countries, Kiwis will be looking for travel insurance to help cover them in the face of COVID-19. More >>

Tower Records Sound Half Year Result, Restarts Dividend Payments And Reinforces Positive Long-term Growth

Wednesday, 26 May 2021, 9:14 am | Tower Ltd

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. Positive growth and ongoing reduction in ... More >>

Tower Partnership A Win For Consumers

Wednesday, 12 May 2021, 1:18 pm | Tower Insurance

Customer focussed insurtech start-up and not-for-profit buying group join forces with Tower Today, Kiwi insurer Tower announced it is partnering with CSC Buying Group and New Zealand InsurTech start-up Sentro to provide hundreds of thousands of New ... More >>

Tower Launches ‘Barracks Cover’ With NZDF

Tuesday, 4 May 2021, 10:26 am | Tower Insurance

New Zealand Defence Force partners with Tower Insurance in new insurance offering 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 ... More >>

Tower To Acquire ANZ Legacy Portfolio

Monday, 22 February 2021, 2:23 pm | Tower Insurance

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. This transaction enables this portfolio ... More >>

Tower On The Move To 6 Green Star Building

Friday, 29 January 2021, 3:24 pm | Tower Insurance

Kiwi insurer Tower today announced it is strengthening its commitment to environmental sustainability by moving to a new, world-leading, 6 Green Star building on the edge of the Auckland CBD. Located at 136 Fanshawe Street, and surrounded by other leading ... More >>

Tower Reaches Agreement For Club Marine Boat Customers

Thursday, 3 December 2020, 9:36 am | Tower Insurance

Kiwi insurer, Tower, today announced it has secured a referral agreement for Club Marine’s Pleasure Craft Insurance customers, with the potential of adding another 15,000 risks and $8m in Gross Written Premiums to Tower’s business. Under the agreement, ... More >>

Digital And Data Delivers Strong Customer And Profit Growth For Tower

Wednesday, 25 November 2020, 8:50 am | Tower Insurance

Kiwi insurer Tower Limited (NZX/ASX:TWR) today 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 ... More >>

Tower And EQC Reach Settlement

Tuesday, 24 November 2020, 2:16 pm | Tower Insurance

Tower Limited (NZX/ASX: TWR) today announced that it has entered into a settlement agreement with the Earthquake Commission (EQC) regarding an outstanding receivable resulting from the Canterbury Earthquakes. Under the settlement agreement Tower will ... More >>

Tower Supports New Way Of Working With EQC

Monday, 2 November 2020, 2:56 pm | Tower Insurance

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. "There is no doubt that the Christchurch Earthquakes ... More >>