Suncorp completes sale of its general insurance distribution business

The sale also comes with a strategic alliance agreement

Suncorp completes sale of its general insurance distribution business

Insurance News

By Mina Martin

Suncorp has completed the sale of its Australian general insurance distribution business, Resilium.

Resilium now operates as a standalone business, led by Adrian Kitchin, who continues as managing director. A strategic alliance agreement will also see Resilium distributing Suncorp’s GIO and Vero-branded products.

“Suncorp’s relationship with Resilium will continue as we work together to build a strong, successful partnership, with a sharp focus on delivering value to our customers and helping them protect what matters most," said Pip Marlow, Suncorp CEO of customer marketplace. “This is an exciting new chapter for Resilium, and we wish Adrian and the team the very best.”

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