PARTNER’S LIFE INSURANCE 

About Partners Life Insurance

Partner’s Life insurance is a New Zealand insurance company established in the year 2011 and has seen a lot of progress over the years to become the Industry leader in the country’s life and health insurance sector. Its headquarters address is 33-45 Hurstmere Road, Takapuna, Auckland, New Zealand. The company generates premium revenue of about 325.88 USD as at 2021. Its business has focus on, Life, income protection, medical, disability, trauma, and business risk protection insurance businesses.

its management team

In the management team of the company comprises of Naomi Ballantyn as the Managing Director. The Chief Technical Officer as Peter Lassen and Tony Arthur as the Chief Commercial Officer, Brad Lang as the Chief Strategy Officer, Anton Gardiner as Chief of Product and Pricing. Others are Trish Meakin as Chief People Officer, Tracey Lonergan as the Chief Claims Officer, Andries van Graan serving as the Chief of Adviser Distribution, Daniel Walker as the Chief of Operations, Beckie McClelandas Chief Risk Officer, Kris Ballantyne as the Chief Marketing Officer, Kate Dron as Chief and appointed actuary and Jaco Grobbelaar as the Chief of Finance and Deputy Chief Financial Officer of the company.

Partner’s Life insurance main area of specialization is in offering protection to New Zealand businesses as well as families against the risks they are exposed to. This is in recognition of the fact that it is often a very stressful thing for the claimants and families to do. It therefore works closely with insurance brokers to ensure customers have access to their insurance products.

Their major insurance policies includes life insurance, income protection, medical insurance, disability insurance, trauma cover, and business risk protection.

Partner’s Life insurance Company strongly recommends that its customers go through an independent financial adviser to advice on the insurance solution best for them, and do not rely on online quotations or direct sales. And has its shareholder base amongst a good number of New Zealand and overseas institutions, management and staff.

Profiles of Partners Life insurance Leadership

Naomi Ballantyne

She is the Managing Director and founder of Partners Life as a start-up in 2010. This company is the third insurance company at which she is a founder. Her first life insurance work was with Guardian Royal Exchange Assurance where she got a good career development as well as the opportunity to affect People’s live positively. She equally built Sovereign before it was sold to ASB, and also a founder of Club Life, now OnePath Life which was recently acquired by Cigna from ANZ. She is got plenty awards including the New Zealand Industry Award for Life Insurance Company of the Year as well as  and the ANZIIF Lifetime Achievement Award.

Beckie McCleland

She is chief risk officer of Partners Life’s insurance who has more than 20 years of experience in the financial services industry in New Zealand and as well as the UK, where she had held a range of risk and compliance, governance and client-facing roles. Before she came to partner’s life insurance, she was the director of advisory at KPMG New Zealand. Also, she was also the head of financial advice delivery and service at Milford Asset Management. She is an authorised financial adviser (AFA) and boasts of the CII Diploma in Financial Planning in the UK. And she is also a member of the Institute of Directors in New Zealand.

Tony Arthur

In 2017, Tony Arthur is the chief commercial officer at Partners Life insurance. This was after his 10 year successful career at the Bank of New Zealand as the head of its business development and marketing team. He was also a one-time head of agribusiness and national sales director in retail and marketing.

Partner’s Life insurance corporate social responsibility

The company engages in a lot of activities in the form of corporate social responsibility. For instance, it supports a number of charitable health organisations. It is the principal supporter/funder of Cure Kids, which funds medical research to help treat children with serious illnesses. Similarly, the company is also a major financier of Body Worlds Vital which is an educational event helping New Zealanders learn about their daily lives and how it affects their bodies.

Consequently and because of these social responsibilities, the company was presented with the Rainbow Tick certification in December 2018. The Rainbow Tick certification is a confidence mark given to organisations that have a high level of diversity and inclusivity concerning their LGBT+ staff.

Also in 2020, the company funded the Partners Life Emerging Award for a consecutive second year. This award recognize organizations that are still beginners in their diversity and inclusion efforts but has however made significant progress in their commitment to the rainbow inclusion in their organization.

Partner’s business areas

The company’s present insurance products include the following:

Life Insurance

Coverage for life: this guarantees that your insurer pays your beneficiaries a certain amount of money at the event of your demise.

Life benefit cover: your beneficiaries can use your life benefits t cover essential expenses upon your death

Accidental death coverage: pays benefits to your beneficiaries in the event o your accidental death

Terminal illness cover: covers you when you have an illness that has no cure. The company will pay you monies to sustain you

Trauma insurance: pays you a lump sum of money if you suffer a critical illness or serious injury.

Total permanent disability cover: provides you with insurance coverage if you become permanently disabled as a result of illness or injury and such that you cannot work.

Income Protection Insurance

Income protection insurance: this will make provision for payments to you on a regular basis if you are unable to work as a result of illness or injury.

Mortgage repayment insurance: this will provide protection for your home in the event you cannot work and has an outstanding mortgage to pay. Thus, it makes sure that you do not lose your home

Redundancy insurance:  this also refers as unemployment insurance and it provides you with a short term income protection cover. It serves to help you replace your regular wages if you become redundant.

Household expenses insurance: Household Expenses Cover gives the policyholder financial security in the event of injury or ill health and unable to meet regular household expenses. It is a great product to use stand alone or as a package with either mortgage protection insurance or income protection insurance to give you the best possible outcome at claim time. Household expenses you can cover include utilities such as gas, electricity, phone, internet etc. However, it can also be used for body corporate fees, paid television and private school fees. It can be quite useful when you wish to top up your existing income cover above the 75% margin. You have a selection of benefit and wait periods and it also includes the very useful specific injury and critical illness cover in built.

Health Insurance

Private medical cover: this will provide personalised medical health insurance coverage

Hospital cash cover:  will cover part cost of medical costs.