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Tower Group Picks Equinix Hosting. 2005-04-20, HostMan.biz Data center and Internet exchange operator (equinix.com) announced on Wednesday that Tower Group has selected one of Equinix's New York area Internet Business Exchange centers to provide an offsite data center facility. Tower Group will employ Equinix's data center in conjunction with its own IT capabilities in New Jersey, creating a more flexible and reliable network infrastructure. The New York City-based Tower Group provides customers with property and casualty insurance products and services through its insurance company, Tower Insurance Company of New York, and insurance service subsidiary, Tower Risk Management. This past March, Tower Group acquired North American Lumber Insurance Company, renaming it to Tower National Insurance Company. The move to Equinix's New York area IBX center provides Tower Group with a flexible platform for disaster recovery, as well as the added performance and cost benefits of directly interconnecting to an aggregation of network service providers and Internet companies at one centralized location. Equinix's concentration of networks will also help Tower Group to reduce the costs of reaching these partners in multiple, disparate locations and through traditional local loop arrangements.

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