Naomi Ballantyne is a pioneering figure in the New Zealand life insurance industry, boasting an impressive 42 years of experience. Throughout her illustrious career, she has left an indelible mark as a visionary leader, entrepreneur, and advocate for women in business.
In 2010, Naomi cemented her legacy by founding Partners Life and assuming the role of Managing Director. Under her guidance, Partners Life swiftly rose to prominence, becoming one of the leading players in the New Zealand insurance market. Her tenure at Partners Life, spanning from 2010 to 2024, was marked by innovation, strategic foresight, and unwavering dedication to her clients and stakeholders.
What sets Naomi apart is her unparalleled track record of success in building not just one, but three of the largest competitor companies in the New Zealand life insurance market. Prior to Partners Life, she played instrumental roles in the establishment and growth of Sovereign (now AIA) and Club Life (now Chubb). Her remarkable achievement as the only woman to have founded and built the three largest competitors in any one life insurance market is a testament to her exceptional leadership and entrepreneurial acumen.
In March 2024, Naomi Ballantyne retired from her role as Managing Director of Partners Life, capping off a remarkable career that has reshaped the landscape of the New Zealand insurance industry. However, her legacy extends far beyond her role at Partners Life. Most notably, Ballantyne made history by orchestrating the acquisition of Partners Life by global insurance giant Dai-ichi Life, marking her as the first female founder in New Zealand to sell her startup business for over $1 billion.
Throughout her career, Naomi has been the recipient of numerous accolades and awards, underscoring her profound impact on the industry. She has been inducted into the Company of Women Female Entrepreneur Hall of Fame and honored with the ANZIIF Lifetime Achievement Award for her services to the New Zealand life insurance market. Additionally, she has been recognised with the Financial Services Council of NZ Chairman's Award and appointed as an Officer of the New Zealand Order of Merit in the 2017 New Year’s Honours list. Her influence extends beyond national borders, as she has been named in the Forbes 50 over 50 Asia Female Entrepreneurs list.
Beyond her professional achievements, Ballantyne is renowned for her commitment to mentorship and advocacy. She has dedicated her time to empowering others, sharing her journey, and imparting valuable lessons learned along the way. As a sought-after keynote speaker, she has inspired audiences across New Zealand with her passion, resilience, and unwavering belief in the power of chasing one's dreams. Through her generosity and willingness to share her experiences, Naomi has motivated countless individuals to embrace their own entrepreneurial spirit and strive for excellence.
Naomi Ballantyne's impact on the New Zealand life insurance industry is undeniable. Her visionary leadership, entrepreneurial spirit, and commitment to excellence have not only transformed businesses but also touched the lives of countless individuals and communities. As she embarks on a new chapter in her journey, her legacy as a trailblazer and champion of change will continue to inspire future generations of leaders in the industry and beyond.
