Frank Risk Management has opened a new branch in Wellington, starting its operations in January.
The opening of the new branch forms part of Frank Risk Management’s national growth plan and is expected to “champion transparency and disclosure in providing the best client outcomes.”
“In the first few years, we met solid resistance. In fact, our fee for service business model wasn’t taken seriously by our competitors, which in hindsight wasn’t so bad for us. Actually, it worked out pretty well. The most important thing is that clients like it and can see the value,” Andrew Newman, founder and chief executive officer of Frank Risk Management, commented.
Ashley Mason, senior broker at Frank Risk Management and a born Wellingtonian, heads the branch’s operations. He has proven corporate broking experience and is said to be well qualified to arrange the technical liability coverage requirements that have been challenging to secure in recent years.
“We’re giving Wellington businesses the opportunity to arrange their insurances differently. That may challenge existing business insurance providers, however, if clients can get a better deal, that’s only good,” Mason said.