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In 2020, the company announced the purchase of BNZ Life, the life insurance subsidiary of the [[Bank of New Zealand]].<ref name="bnz2020">{{cite news |title=BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million |url=https://www.interest.co.nz/banking/108443/bnzs-parent-national-australia-bank-agrees-sell-bnz-life-partners-life-nz290-million |access-date=12 March 2021 |work=interest.co.nz |date=16 December 2020}}</ref> The purchase is subject to approval by the [[RBNZ]].
In 2020, the company announced the purchase of BNZ Life, the life insurance subsidiary of the [[Bank of New Zealand]].<ref name="bnz2020">{{cite news |title=BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million |url=https://www.interest.co.nz/banking/108443/bnzs-parent-national-australia-bank-agrees-sell-bnz-life-partners-life-nz290-million |access-date=12 March 2021 |work=interest.co.nz |date=16 December 2020}}</ref> The purchase is subject to approval by the [[RBNZ]].

To celebrate a decade in business, Partners Life launched a rebranding in October 2021 as reported by Goodreturns.<ref name="goodreturns2021">{{cite news |title= Partners Life rebrands |url=https://www.goodreturns.co.nz/article/976519510/partners-life-rebrands.html |access-date=27 October 2021 |work=goodreturns.co.nz |date=27 October 2021}}</ref>


==Recognition==
==Recognition==

Revision as of 18:53, 1 January 2022

Partners Life
Company typePrivately owned company
IndustryLife Insurance
FoundedApril 2011; 13 years ago (2011-04)
Headquarters,
New Zealand
Key people
Naomi Ballantyne
ProductsLife, trauma, disability income, health insurance
Websitepartnerslife.co.nz

Partners Life is a New Zealand-based insurance company which provides life and health insurance.[1][2] As of 2019 it had an annual revenue of $247.5 million NZD.

History

Partners life began as a small start-up in 2011.[3] The venture was supported by reinsurer SCOR.[4]

In 2020, the company announced the purchase of BNZ Life, the life insurance subsidiary of the Bank of New Zealand.[5] The purchase is subject to approval by the RBNZ.

To celebrate a decade in business, Partners Life launched a rebranding in October 2021 as reported by Goodreturns.[6]

Recognition

In 2012, Partners Life was awarded Best Emerging Business and Excellence in Strategy and Planning at the Westpac Auckland North Business Awards.[7]

In 2018, the company received the Rainbow Tick certification for its LGBTI inclusive culture.[3]

See also

References

  1. ^ "Partners Life figures revealed". Good Returns.
  2. ^ "Insurer Partners Life calls for transparency, reveals it does not pay 9% of all claims". Stuff. 27 September 2020.
  3. ^ a b "Partners Life : Everything you need to know - Insurance Business". www.insurancebusinessmag.com.
  4. ^ "Partners increase Partners Life business growth capacity | Scoop News". www.scoop.co.nz. Retrieved 12 March 2021.
  5. ^ "BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million". interest.co.nz. 16 December 2020. Retrieved 12 March 2021.
  6. ^ "Partners Life rebrands". goodreturns.co.nz. 27 October 2021. Retrieved 27 October 2021.
  7. ^ "Partners Life scoops two Westpac Business Awards". Good Returns. Retrieved 12 March 2021.