Tower (ASX: TWR) — Company Overview, News & Financial Data
Tower is a New Zealand insurance company offering a wide array of insurance and financial services.
Tower
Tower is a general insurance company providing personal and commercial insurance products across New Zealand and the Pacific Islands region. The company offers coverage for residential properties, contents, motor vehicles, boats, commercial assets, travel, and lifestyle risks. Operating through digital platforms and direct sales channels, the business delivers risk rating capabilities, online claim management services, and multi-policy coverage options. Headquartered in New Zealand, the enterprise serves individual consumers, small business owners, and corporate clients through comprehensive insurance policies, risk assessment systems, and claims processing services across urban and regional markets.
Snapshot
Operations
Products and/or services of Tower
- House and Landlord Insurance: Policy options covering private residential buildings, rental properties, structural damages, contract works renovation protection, and landlord liabilities across urban and rural locations in New Zealand and the Pacific region.
- Motor Vehicle Insurance: Comprehensive, third-party, and fire and theft insurance coverage for passenger cars, electric vehicles, motorhomes, campervans, motorbikes, caravans, and commercial fleet vehicles operating throughout New Zealand and Pacific island nations.
- Contents Insurance: Protection policies covering personal belongings, household goods, renter property, high-value personal assets, and interior items against accidental loss, theft, natural hazards, and property damage for residential occupants and tenants.
- Business Insurance: Commercial property, liability, loss of revenue, and operational risk insurance tailored for small-to-medium enterprises, commercial premises, agricultural operations, and lifestyle blocks across New Zealand and Pacific Island territories.
- Travel and Pet Insurance: Specialized individual insurance products covering medical expenses, trip cancellations, lost baggage, emergency transit, domestic veterinary costs, and pet health coverage for domestic and international travelers and pet owners.
- Marine and Pleasure Craft Insurance: Asset protection policies covering private boats, yachts, jet skis, and personal watercraft against hull damage, theft, salvage expenses, and third-party liability across coastal and inland waterways in New Zealand.
Tower executive team
- Mr. Paul JohnstonChief Executive Officer
- Mr. Angus SheltonInterim Chief Financial Officer
- Mr. James SilcockHead of Strategy, Planning & Investor Relations
- Tania PearsonGeneral Counsel & Company Secretary
- Ms. Michelle FinchChief Customer & Marketing Officer
- Mr. Ronald MudaliarChief Underwriting Officer
- Ms. Emily DaviesHead of Corporate Affairs & Sustainability
- Mr. Steven WilsonChief Claims Officer
- Ms. Sharyn ReichsteinChief Risk Officer
- Johannah BentonActing Co Chief Data Digital Officer