Insure Direct, the trading name of Insurance Underwriters (NZ) Limited is an agent for Tower Insurance Ltd, who underwrite all our insurance policies.

As of 13 March 2020 the latest Tower Insurance Group Financial Strength Rating from A.M. Best Company Tower Insurance Limited: Financial Strength Rating A- (Excellent), stable outlook.

A.M. Best Company rating scale:

Description

Superior
Excellent
Good
Fair
Marginal
Weak
Poor
Under regulatory supervision
In liquidation
Rating suspended

Rating

A++, A+
A, A-
B++, B+
B, B-
C++, C+
C, C-
D
E
F
S

Further reading links

AM Best's Issuer Credit Rating (ICR) Scale ICR Scale Guide
AM Best's Financial Strength Rating (FSR) Scale FSR Scale Guide