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Tower docks $8m boat insurance business

Allianz subsidiary Club Marine announced it would exit the NZ market last month.

NZX-listed insurer Tower could add up to $8 million in premiums after reaching a referral agreement to take on the policies of the now defunct Club Marine boat insurance business.

Tower said today it would offer boat insurance policies to Club Marine’s New Zealand customers after the Allianz

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Hamish McNicol Thu, 03 Dec 2020
Contact the Writer: Hmcnicol@nbr.co.nz
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Tower docks $8m boat insurance business
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