Strategic Partnership Tower Insurance recently partnered with Kiwibank Limited to offer general insurance products to Kiwibank's retail banking customers. This collaboration presents a cross-selling opportunity to leverage Kiwibank's customer base for insurance sales.

Market Expansion Tower's partnership with Tonga Development Bank to pilot insurance cover in Tonga for the cyclone season is a strategic move for market expansion. This provides an avenue to explore sales opportunities in the Pacific region.

Technology Upgrade The partnership with CelsiusPro AG to enhance Tower's IT platform for Cyclone Response Cover indicates a focus on technology advancement. Leveraging technology to improve insurance products can attract tech-savvy customers and drive sales growth.

Key Personnel Addition The appointment of Mike Cutter as an independent director brings fresh expertise to Tower Limited. Leveraging Cutter's experience and network in the insurance sector can open doors to new sales channels and business opportunities.

Competitive Positioning Despite legal challenges, Tower's resilience in the face of civil proceedings highlights brand strength. Emphasizing customer-centric offerings and transparency can enhance competitive positioning, potentially attracting discerning customers and driving sales.