Kiwi insurance brokerage ICIB Brokerweb has acquired MultiSure and TruckSure, specialising in heavy motor, transport and logistics insurance.
The deal was effective for an undisclosed sum on November 1.
MultiSure managing director Philip Toohill and his team have joined the ICIB Brokerweb Auckland CBD team located at 66 Wyndham Street.
“We are delighted to have Philip and the MultiSure team join our business,” ICIB Brokerweb managing director Grant Milne says.
“MultiSure has been operating for over 30 years and has been providing high quality client service and solutions to its clients, which makes this business a great fit with ICIB Brokerweb.
“Having MultiSure as part of our business will bolster our heavy motor, transport and logistics specialties. It means we will be able to establish a dedicated transport and logistics practice in the New Year focused on delivering high quality service and advice, risk management options, claims solutions, and insurance solutions backed by strong market support,” Milne says.
MultiSure managing director Philip Toohill says it’s “business as usual” with the added benefit of having access to more resources and the greater leverage of the ICIB Brokerweb business.
“ICIB Brokerweb was selected as our succession partner as they are aligned to the way we service our clients and in achieving great client results.
“Being an employee shareholder led business, they understand the pressures business owners are under and do everything they can to support their clients through the insurance process including claims advocacy,” Toohill says.
