Tower is partnering with CSC Buying Group and insurtech start-up Sentro in a project that seeks to provide Kiwis with easier access to insurance through discounted policies.
CSC Buying Group is a not-for-profit organisation involving around 60 New Zealand corporate entities that connects their employees with a nationwide supplier network. According to a statement by Tower, this is the first time CSC will be partnering for a financial service.
Through Sentro’s digital platform, CSC customers will have direct access to Tower’s products and services through CSC’s app.
Tower Insurance managing director of partnerships Jonathan Beale said the partnership with CSC and Sentro allows businesses that are part of the Buying Group to offer their employees discounted insurance with Tower.
“This partnership allows CSC to add financial services to their supplier network for the first time and will see about 200,000 employees working for Buying Group businesses offered cheaper insurance,” he added.
Through Sentro’s technology, employees can purchase Tower insurance through the CSC app, which is integrated seamlessly with the MyTower platform.
“This partnership allows CSC to add financial services to their supplier network for the first time and will see about 200,000 employees working for Buying Group businesses offered cheaper insurance,” Beale said.
Meanwhile, Hans Frauenlob, co-founder of Sentro, said the partnership demonstrates the potential of start-ups and established firms working together.
“Both Tower and Sentro want to make the service experience really great for the customer. We are both leveraging technology to deliver that promise,” said Frauenlob.
“We bring the ability to engage with employers and employees to the table, Tower brings a great range of insurance products and an excellent online customer service experience. We are excited about this partnership and look forward to growing it in the future.”