Tower is a New Zealand-based insurance company which provides car, home, contents, business, boat, pet, travel and other general insurance. In 1869 the New Zealand Government provided the capital for the creation of the New Zealand Government Life Insurance Department (better known simply as Government Life). It became Tower Corporation in 1987 at a time when several New Zealand government departments and organisations were being corporatized or converted into state owned enterprises. Three years later, ownership of Tower was transferred to policyholders as the business was mutualised. More information...
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