Gallagher Bassett Acquisition Sees Expansion in NZ

Gallagher Bassett Acquisition Sees Expansion in New Zealand

Gallagher Bassett Services Pty Ltd (GB) has boosted its size and offering in New Zealand through the acquisition of a book of business formerly carried by Cosignia on Monday 11th May.

Cosignia provides TPA services to in excess of 80,000 people across NZ and is renowned for the market-leading functionality and service it provides to all clients, including insurers, employers, employees and advisers.

GB is a global Third Party Claims Administrator, with decades of experience in proactively managing claims, particularly personal injury claims, and more than 10 years’ experience operating in New Zealand.

Former Cosignia CEO Craig Furness has been appointed GB’s Managing Director, New Zealand.

Craig stated he was excited about the development, which will “combine GB’s global claims management expertise with Cosignia’s market leadership in the risk and health insurance sector to provide an enhanced service offering to existing and new clients.”

GB’s current Managing Director, New Zealand, Shayne Milsom will be returning to a senior leadership role within GB’s Australian operation, and will continue to provide support and guidance to Craig over the next 12 months.

Gallagher Bassett Australia’s Managing Director Jon Winsbury said the acquisition would strengthen the company’s offer to the New Zealand business market.

ENDS

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