The former head of Kiwibank, Sam Knowles, has joined the board of Partners Life.
Knowles is considered the driving force behind the Kiwibank brand. He says he is excited about the opportunity to help Partners Life create a fresh approach to life insurance taking on the mature Australian owned insurers.
“Partners Life is focused on finding new ways to deliver high value products to New Zealanders, concentrating on sharing value with our customers,” Knowles says.
Other Partners Life board members are: Chairman Boyd Klap, who previously held roles as chief executive of Prudential and Life Offices Association; Joanna Perry who is a former member of the Securities Commission and KPMG Partner, as well as insurance industry stalwarts Naomi Ballantyne, Richard Coon and Chris Coon.
Partners Life is based on a business model that shares the value created with all parties – including customers.
"It is an approach that has worked extremely well to date with the company experiencing rapid growth in market share across its range of life risk products including life, trauma, medical, permanent disability and income protection insurance, as well as a newly launched suite of business protection products," Klap says.
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