Media Announcement
Insurance Consultants Ltd
26 May 2008
Australian Consolidated Insurance Limited announces the completion of the acquisition of Auckland based insurance broking firm Insurance Consultants Ltd effective 3rd of June 2008. This follows the ACIL group’s successful acquisition of Tasman Insurance Brokers Ltd in October 2006, and it is planned to merge the two businesses under the banner of Tasman Insurance Consultants Ltd, to be led by Kevin Allen as Chief Executive Officer.
The New Zealand broking operations are further complemented by ACI’s Northshore New Zealand based financial services company Lighthouse Financial Advisors Ltd.
The acquisition also forges a relationship with independently owned Fijian joint venture, Insurance Holdings (Fiji) Limited, contributing to our Asia Pacific service capability.
Executive Director, Stephen Sinclair assumes responsibility of our New Zealand operations to ensure continued focus on service delivery to our combined client base.
Enquiries to be directed to:
Wayne Miller
Group Managing Director
0421 188 922