Tower Insurance partnership push hits full pace
Tower has announced two new partnerships that it hopes will disrupt the insurance scene in New Zealand.
Friday, May 28th 2021, 11:45AM
by Matthew Martin
Open is teaming up with Tower Insurance to launch Huddle, bringing simple, personalised, digital-first insurance to New Zealand.
Open has sold more than 60,000 car and home insurance policies across Australia, and also offers insurance through tech leaders such as Telstra.
Open’s New Zealand operation, set to start at the end of July, will be underwritten by Tower and leverage Tower’s reinsurance, pricing and claims supply chain, all via API thanks to Tower’s significant investment in technology.
Tower has also announced it has signed an agreement with Allianz Partners, one of the world’s leading travel insurance specialists, to deliver travel insurance to Kiwis including selected cover for epidemics and pandemics.
The relationship will also deliver other new products such as pet insurance.
Allianz Partners will provide service and claims support which will transition to integrate with Tower’s platform, My Tower.
Tower Insurance’s 24/7 online self-service portal will continue to provide customers with easy access to their cover and claims.
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