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Company type | Privately owned company |
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Industry | Life Insurance |
Founded | April 2011 |
Headquarters | , New Zealand |
Key people | Naomi Ballantyne |
Products | Life, trauma, disability income, health insurance |
Website | partnerslife |
Partners Life is a New Zealand-based insurance company which provides life and health insurance. [1] [2] As of 2019 [update] it had an annual revenue of $247.5 million NZD. On August 12, 2022, global life insurance specialist Dai-ichi Life Holdings, Inc announced its acquisition of 100% of the shares in Partners Group Holdings Limited, the parent company of Partners Life Limited, subject to regulators approval. [3] [4]
Partners Life began as a small start-up in 2011. [5] The venture was supported by reinsurer SCOR. [6]
In 2020, the company announced the purchase of BNZ Life, the life insurance subsidiary of the Bank of New Zealand. [7] 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. [8]
In 2012, Partners Life was awarded Best Emerging Business and Excellence in Strategy and Planning at the Westpac Auckland North Business Awards. [9]
In 2018, the company received the Rainbow Tick certification for its LGBTI inclusive culture. [5]