Kiwi SME’s need to do more to prepare for adverse weather events with new industry figures showing the cost of insurance claims has increased by 70% in the past three years alone. Jo Mason CEO of NZbrokers, one of the country’s largest insurance brokerage groups says new insurance claim data shows the number of storm […]

Read More

The cost of insuring some buildings could rise by more than 50 percent in just three months according to new figures from insurance brokers. David Crick managing director of Runacres Insurance says the cost increase is likely to be disproportionately larger for lower value dwellings. “Immediately following the Christchurch earthquakes in 2010 and 2011, we […]

Read More

Rapidly rising building costs and changes to policy wording mean Kiwi homeowners are uninsured by an average of 28 percent – according to an industry expert. Jo Mason CEO of NZbrokers, New Zealand’s largest insurance broking collective, says a spate of recent natural disasters has highlighted the need for homeowners to contact their broker and […]

Read More

BrokerWeb Risk Services (BWRS) in combination with its acquisition partner AUB Group NZ (AUB NZ) has acquired a 50% shareholding in Bay of Plenty insurance broker Dawson Insurance Brokers (Rotorua) Ltd. The company said the move had been secured by acquiring ‘a large portion’ of managing director Rob Harvey’s shareholding, as part of his plan […]Read More

AUB Group managing director Mark Searles tells IBNZ his 2015 highlights and what challenges he expects the company – and the industry – will face this year. What have been the highlights of 2015 for you? We’ve just achieved our 10th consecutive year of underlying profit growth since listing, which, given the recent state of […]Read More

7th most read Insurance Business NZ article in 2015 – not bad! See below for an excerpt from IBNZ’s article ‘2015 top story shocker’ regarding our initial partnership announcement. “The brokers were making waves too however. When BrokerWeb Management, NZbrokers Holdings and Brokernet NZ announced their new partnership it put them in the 7th most […]Read More

AUB Group (owners of NZbrokers) has acquired one of New Zealand’s largest brokers – the current Insurance Broker of the Year, Runacres and Associates – from IAG. The group has arranged the deal through its 80% owned entity AUB Group NZ Ltd, making the announcement this morning. AUB Group CEO and managing director, Mark Searles, who is also […]Read More

NZbrokers is delighted to congratulate its member, Runacres & Associates Ltd, for winning the title of Small/Medium Broker of the Year at the New Zealand Insurance Industry Awards at the SKYCITY Convention Centre in Auckland last night. The event, hosted by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF), was a celebration honouring […]Read More

Hawke’s Bay Insurances Ltd (HBi) has merged with BrokerWeb Risk Services Ltd (BWRS) which will take effect from 1 November 2015. “This is being achieved by way of BWRS acquiring the Goodwill and associated assets of HBi,” HBi’s Bill Reilly and BWRS’ David Archer said in a joint statement yesterday. “The coming together of these […]Read More

Why did you get into insurance? My father was manager of NIMU in Pukekohe and Rotorua so I had a taste for it growing up, having followed him around panel-beater shops for many years as a school boy. How would you sum up insurance brokers in three words? Delivering financial security. What’s the strangest thing […]Read More

NZbrokers’ entry into the New Zealand market will benefit the New Zealand broking community and the insurance industry as a whole, its managing director says. NZ Brokers Holdings was created after Austbrokers acquired 100% of BrokerWeb Management, as well as 50% of BrokerWeb Risk Services, in a deal worth more than $20 million late last […]Read More

The Annual New Zealand Insurance Industry Awards will be announced on Thursday 5 November 2015 at the SkyCity Convention Centre in Auckland. The event is a celebration to honour the achievements and professionalism of companies and individuals within the New Zealand insurance market during the preceding year. NZbrokers is proud to have one of its […]Read More

On Thursday 3 September, NZbrokers held its first Principals Day, with over 90 Principals coming together at the Langham in Auckland under a united banner to bring the vision, values and brand to life. The group was also joined by more than 40 insurer partners, to provide them with a better understanding of NZbrokers, as […]Read More

On Thursday 3 September, newly formed NZbrokers will celebrate its official launch as the third largest broking group in New Zealand at the Langham Hotel in Auckland. The event will bring together more than 150 people, including the NZbrokers broking partner Principals, as well as key media, industry and insurer partners to provide more insight […]Read More

New market entrant NZbrokers Management Limited has completed agreements that overnight make it the third largest insurance broking group in New Zealand. Under the agreement, former members of the BrokerWeb Group and Brokernet Group have now amalgamated to form NZbrokers. With $420 million in total gross written premium, 53 businesses, and servicing more than 120,000 […]Read More

ASX-listed Austbrokers Holdings Limited (ASX:AUB) today announced it will acquire 100 per cent of New Zealand’s BrokerWeb Management Limited, as well as a 50 per cent stake in the country’s largest independent broking operation BrokerWeb Risk Services Limited in a deal expected to be worth over NZ $20 million. The transaction signals a major shake-up […]Read More