At a time when no new charters are being granted this well-established insurance book is available for acquisition, providing an attractive entry point for a suitably qualified buyer seeking to build or expand an insurance broking business. It includes an existing customer book, established goodwill, operating systems, insurer relationships and a specialist market position focused on the 50+ customer segment.
The business provides a buyer with the opportunity to acquire an established platform and continue developing the book, while expanding into additional insurance products & commercial customers.
Key Features
• Existing customer relationships and goodwill.
• Proven operating model and specialist 50+ market position.
• Existing insurer & distribution relationships.
• Straightforward pathway into insurance business ownership for a suitably qualified purchaser.
• No additional charter opportunities currently available, making an existing operating platform particularly valuable.
• Significant opportunity to grow the commercial insurance sector.
• Suitable for an experienced insurance broker wanting a larger book.
• Attractive for a corporate insurance professional seeking business ownership.
• Scope to leverage existing systems, relationships and customer access.
Buyer Qualifications
The purchaser will need to hold, or be able to satisfy the requirements for, the appropriate New Zealand Certificate in Financial Services Level 5 qualification, together with any other licensing, regulatory, fit-and-proper and compliance requirements applicable to the proposed ownership and operating structure.
Prospective purchasers should obtain independent legal and regulatory advice before proceeding. An ideal purchaser might have corporate insurance experience, commercial broking capability or an existing client network.
Price $485,000
Contact Richard - 021 375 149.
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