Ballantyne joins general insurer

Ballantyne is now an independent director of listed general insurer Tower, fillingl a casual vacancy.

Tower chairman, Michael Stiassny welcomes Ballantyne as a director;  “Naomi has forged an impressive career, having founded, built, and led successful financial services companies for more than 40 years. This experience will be invaluable to Tower, as we continue to focus on our strategy to be the best direct personal lines and SME insurer in our selected markets.”

Ballantyne brings a wealth of experience and expertise in the financial services sector, particularly in the New Zealand insurance industry. Most notably, in 2023 Ballantyne sold Partners Life, the highly successful insurance company she founded in 2010.

A serial entrepreneur with both executive and governance skills, Ballantyne is currently the managing director of KNK Consulting, chair of insurance distribution group, TAP Group and a director of Dai-ichi Life Asia Pacific Limited – the regional office of International Life Insurance Corporation.

Prior to this, Ballantyne founded and was the managing director of Unique Solutions and Advice and ING Life (NZ) (now Chubb), and served as chief operating officer of Sovereign (now AIA) for 12 years. Her previous directorships include Accuro Health Insurance, Newpark Financial Services, Club Life, and New Zealand Superannuation Services.