Runacres Insurance Limited have today announced the acquisition of Primesure Brokers.
Primesure management reached an agreement to partner with Runacres Insurance, who have been looking to bolster their growing Auckland footprint. This will positively impact Primesure clients, who will enjoy the improved experience provided by the national support and infrastructure of Runacres.
Discussing the announcement, Runacres Insurance Managing Director David Crick said, “Increasing our North Island footprint is one of our key strategic initiatives, being able to achieve this, whilst joining forces with a great team who share our client focus and attention is a real win.”
Primesure will retain and continue to operate under their brand, led by Cameron Hollis, currently a senior broker. Cameron will take over the Managing Director role with immediate effect. Tony Nicholl and Paul Blitvich remaining in the business to aid a smooth transition.
Tony Nicholl, previous Managing Director at Primesure commented: “This is a really exciting chapter for Primesure and we’re pleased to have found a like-minded business like Runacres to align with. When we started out 24 years ago, we couldn’t have anticipated being a part of a combined independent brokerage that will now service more than 9000 clients across New Zealand, something that we’re proud to leave as a legacy.
Read further media coverage in Insurance Business.
Primesure is a fire & general insurance brokerage operating out of West Auckland, with a Life and Health offering operating under the Primesure Financial Services banner. Founded in 1995 via a merger of two businesses, Paul Blitvich Insurance Brokers and Hope-Cross Nicholl Insurance Brokers, Primesure has cemented itself in the Auckland market over the last 24 years. The business supports 1750 clients, managing Gross Written Premium of $7.5 million.
About Runacres Insurance
We are an award-winning insurance brokerage with 35+ years’ experience delivering insurance solutions for clients. With offices located in Christchurch, Auckland and West Coast, our Runacres team are dedicated to protecting clients with the right insurance solutions.
As a member of NZbrokers, Runacres leverage the strength and power of a national group, while retaining a successful formula of local knowledge, local ownership and longstanding relationships. Runacres supports over 7500 clients, managing Gross Written Premium of over $40 million.