Tower Insurance
Tower Insurance is a large public company founded in 1869, headquartered in Auckland, New Zealand. The company specializes in various insurance products, including boat, car, and business insurance, and operates in six countries across the Pacific.
Company Overview
Tower Insurance is a public company operating in the insurance industry since its founding in 1869. With a team size of 905, it is classified as a large business. The company is headquartered in Auckland, New Zealand, and also has a location in Rotorua. Tower Insurance provides a range of insurance products tailored to various needs.
Insurance Products Offered
Tower Insurance specializes in multiple types of insurance, including boat, business, car, contents, farm, house, travel, and rural insurance. The company also offers unique products such as insurance specifically designed for electric vehicles and comprehensive pet insurance covering up to $15,000 per year for veterinary expenses. Additionally, Tower provides a multi-location cover for boats and a three-year replacement guarantee for new boats that are written off.
Digital Innovations
Tower Insurance has implemented a digital claims process that allows customers to file and track claims online. The company also offers a digital platform called My Tower for managing insurance policies. Furthermore, Tower provides a 24/7 roadside assistance service named RoadWise® for car insurance policyholders.
Community Engagement
Tower Insurance engages in community outreach programs that focus on disaster preparedness and recovery. This initiative aims to enhance community resilience and support individuals during emergencies.
Sustainability Initiatives
Tower Insurance offers a sustainability upgrade benefit for house insurance, providing up to $15,000 for sustainable products in a new house if the original is destroyed. The company also adheres to the WriteMark Plain Language Standard, ensuring that policy wording is easier to understand for customers.