ICIB Brokerweb has formed a new subsidiary by merging its Tauranga office with Financial Independence’s Bay of Plenty operation. The combined entity, now known as ICIB Financial Independence, will be led by Financial Independence’s Ben Ruthe and Alana Collinson.
“We are very excited to have the Financial Independence team join the ICIB Group,” said Grant Milne, managing director of ICIB Brokerweb, in an emailed release. “They are a well-respected team in the Bay of Plenty and their ethos of client service and a professional and family friendly business culture is completely aligned with ICIB’s.
“We look forward to continuing to support our clients and the local community as ICIB Financial Independence, under the leadership of Ben and Alana.”
Staffed by over 40 insurance professionals, ICIB Financial Independence offers both general and life and health risk services and advice.
Commenting on the merger, which took effect on 1 December, Ben Ruthe, managing director of ICIB Financial Independence, said: “We are delighted to be expanding in the Bay of Plenty and adding ICIB Brokerweb’s local staff and resources to our team. This is an exciting opportunity to combine our local investment with national scale, additional capacity and expertise”.
ICIB Brokerweb was created when ICIB merged with AUB Group’s BrokerWeb Risk Services a year ago. In November, ICIB Brokerweb acquired MultiSure, including the TruckSure transport insurance brand.
