Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Financial Independence To Merge With ICIB BROKERWEB Tauranga Branch

Financial Independence, Bay of Plentys’ leading privately owned insurance brokering business, and ICIB Brokerweb, a leading New Zealand wide insurance brokering business, are pleased to announce their merger to form ICIB Financial Independence. The newly formed subsidiary of ICIB Brokerweb will continue to provide clients with a full suite of general, life & health risk services, and advice through their local Bay of Plenty team of 43 insurance professionals.

Financial Independence has thrived in both the Life & Fire and General insurance sectors. The leadership of its original directors: Ben Ruthe, Matthew Beattie, and Steve Freeman, along with Alana Collinson as their Operations Manager, charted a path of expansion focusing on exceptional client outcomes. Their merger now creates one of Bay of Plenty’s largest insurance brokerage businesses whilst retaining all the good things that have made both businesses successful including a symbiotic employee ownership model, and a strong local and loyal focus on client care.

The Tauranga Financial Independence management team will remain at the head of the new entity with Ben and Alana running the day-to-day operation. This will be complemented by the skills, knowledge, and experience of Grant Milne and Warren Paterson of ICIB Brokerweb at board level.

ICIB Brokerweb Managing Director, Grant Milne commented, “We are absolutely thrilled to have the Financial Independence team join the ICIB Group. They are a well-respected team in the Bay of Plenty and their ethos on client service and having a professional and family friendly business culture aligns completely with ICIBs. We look forward to continuing to support our clients and the local community, as ICIB Financial Independence, under the stewardship of Ben and Alana.” 

ICIB Financial Independence Managing Director, Ben Ruthe said, “We are excited to be expanding in the Bay of Plenty and adding the local ICIB Brokerweb staff and resources to our team. This is an exciting opportunity to blend our local investment with nationwide scale, additional capacity, and expertise.”

The merger is effective from 1 December 2023.

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.