Tower partners with Finsure to streamline insurance referrals

Tower Insurance announced a new partnership with one of Asia-Pacific’s largest mortgage aggregation groups, Finsure , to simplify insurance referrals for customers and advisers.

The partnership will reduce complexity for Finsure NZ advisers, with Tower’s unique referral model, ensuring a specialist Tower team member handles the entire lifecycle of the insurance quote process.

“We’re thrilled to partner with Finsure, a trusted international mortgage aggregation group with a fast-growing presence in New Zealand. This partnership reinforces our commitment to offer Kiwi forward thinking insurance products and services, and simple and rewarding customer experiences; it’s great that Finsure NZ’s advisers and their customers will now benefit from these offerings too.” – Tower MD Partnerships Jonathan Beale.

In FY24, the growth of Tower’s adviser network accelerated by 32% to 3,300 advisers, with a 19% increase in new policies sold via adviser referrals, compared to FY23.

“Our partnership with Tower opens the doors to new, high-quality insurance products and services that will benefit our advisers and their clients alike. We’re proud to be partnering with New Zealand’s only Kiwi-born and bred insurance company, whose wholehearted commitment to delivering the best for their customers is reflected in our own company values.” – Finsure New Zealand Country Manager Jenny Campbell.

Both Tower and Finsure NZ operate in partnership with Vega Mortgages, an advisory firm offering a range of financial solutions to their customers.

“Finsure is fast becoming a leading player in the New Zealand mortgage advisory market, and their new partnership with Tower is testament to this. By working together with Tower, Finsure is only set to increase their reach further across the country, delivering simple and effective mortgage services to even more Kiwi.”  -Vega Group Chief Executive and Managing Director, Harry Ferreira.