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Westpac NZ will switch home and auto insurance to Tower Insurance in 2026, using its digital tools and climate risk data.
Westpac NZ is partnering with Tower Insurance to provide home, contents, car, and landlord insurance starting July 2026, replacing IAG as the underwriter.
The move, driven by Tower’s digital capabilities, competitive pricing, and focus on climate risk insights, aims to offer personalized insurance through Westpac’s digital platform.
Customers need not act—policies remain unchanged until renewal.
The five-year agreement supports improved risk assessment and climate adaptation, with Tower targeting 10% to 15% growth in home insurance by FY27.
IAG will continue servicing existing policies.
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Westpac NZ cambiará el seguro de hogar y automóvil a Tower Insurance en 2026, utilizando sus herramientas digitales y datos de riesgo climático.