Insurance

AA Insurance is a New Zealand-based joint venture between Vero Insurance New Zealand (68% ownership) and the New Zealand Automobile Association (NZAA) (32% ownership). Vero is part of the Australian Suncorp Group, while NZAA is a member-governed society. Since 1994, AA Insurance has offered home, contents, and car insurance in New Zealand, and in 2018, expanded to include small business insurance. They provide coverage against various financial risks, including those from natural disasters and climate-related events.

Tower is a New Zealand-bred and owned insurance that has been around for 155 years, starting off in 1869 as Government Life Insurance Office (Government Life), with its initial capital provided by the New Zealand government. The company became a separate statutory body with the passing of the Government Life Insurance Act in 1953 where it was renamed Tower Corporation in 1987 and in 1990 ownership was conferred to its policyholders with the passing of the Tower Corporation Act, allowing Tower to be owned as a mutual association. It operates across Aotearoa and the Pacific in Fiji, Tonga, Samoa, American Samoa and the Cook Islands, supporting our customers with cover for their houses, cars, contents, businesses and more.