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Tower Insurance
Delivering simple and rewarding experiences
Born and bred in New Zealand, for over 150 years Tower has been supporting Kiwis and Pacific customers to protect their homes, cars, businesses and the things they love.
Tower Insurance - Latest News [Page 2]
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 >>
Tower Supports Climate Risk Reporting
Tuesday, 15 September 2020, 4:20 pm | Tower Insurance
Blair Turnbull, Tower Insurance’s Chief Executive Officer, welcomes today’s announcement on mandatory reporting of climate-related financial disclosures and said that the company would look to develop its reporting criteria to introduce this ... More >>
Tower Delivers Solid First-half Performance
Friday, 29 May 2020, 9:00 am | Tower Insurance
Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year. - Solid growth and first-half performance Continued growth through digital channels ... More >>
New Tower CEO Announced
Monday, 4 May 2020, 8:47 am | Tower Insurance
Tower Insurance has today announced the appointment of New Zealander, Blair Turnbull as Chief Executive Officer, subject to completion of the regulatory approvals process. Mr Turnbull was most recently Managing Director, UK Digital, UK & International ... More >>
Tower Commits To Refunding COVID-19 Claims Savings At End Of May
Monday, 20 April 2020, 7:44 am | Tower Insurance
Tower Insurance confirms it will pass on any savings it makes due to COVID-19 with refunds for car insurance customers to be made by the end of May 2020. CEO of Tower Insurance, Richard Harding, says that the company will not profit from COVID-19 and ... More >>
Tower Introduces Hardship Measures To Support Customers During COVID-19
Wednesday, 1 April 2020, 9:15 am | Tower Insurance
Tower recognises the challenging and extraordinary times facing everyone in New Zealand, the Pacific Islands and around the globe. Our thoughts are with all of those impacted by COVID-19 and we acknowledge and thank those on the front line who are ... More >>
Tower Insurance takes EQC to court over building claims
Monday, 30 March 2020, 9:24 am | Tower Insurance
Tower Insurance (Tower) today advised it has lodged formal proceedings against the EQC for the recovery of money owed to Tower for rectifying building issues on EQC’s behalf. More >>
Tower Identifies And Fixes Issue Relating To Fee Disclosure
Friday, 13 March 2020, 1:46 pm | Tower Insurance
Tower Insurance today advised it has identified, resolved and self-reported an issue relating to the disclosure of fees for some customers. As part of Tower’s conduct and culture review, an error was identified in the way fees were disclosed to customers ... More >>
Tower delivers full year profit on the back of solid growth
Wednesday, 20 November 2019, 8:43 am | Tower Insurance
Kiwi insurer, Tower Limited (NZX/ASX:TWR), has today announced a full year profit of $16.8 million after tax, a $23.5 million improvement on the same period last year. More >>
The insurance industry needs to increase transparency
Tuesday, 5 November 2019, 6:36 pm | Tower
The insurance industry needs to increase transparency and rebuild trust A speech by Richard Harding at the Insurance Council of New Zealand Conference on 5/11/19 Good afternoon everyone, I hope you’ve been enjoying this morning’s talks More >>
Tower welcomes new financial conduct regime
Wednesday, 25 September 2019, 3:31 pm | Tower Insurance
Tower welcomes the government’s announcement today to regulate financial conduct and create fairer outcomes for customers of all insurers. More >>
Moving toward a better, fairer insurance industry
Tuesday, 9 July 2019, 10:01 am | Tower Insurance
Kiwi insurer Tower has today announced its commitment to remove the duty of disclosure from its sales and claims processes before the end of the year. More >>
