“The decision to join Howden was easy because of shared values and cultural alignment,” Apex managing director James McGhie said in an emailed release. “Howden is similarly committed to delivering exceptional client service, building long-term relationships to deliver practical and cost-effective solutions.
“As a privately-owned business, Howden’s independence was a key consideration, and we are confident that together we will deliver the very best results for clients.”
Howden’s combined broking operations in New Zealand will now consist of Howden Broking NZ, Wallace McLean, and Apex. The latter’s team of brokers and claims managers service over 14,000 customers. Aside from its Auckland base, Apex also has offices in Christchurch, Thames, North Shore, and Tauranga.
“We are very excited with the acquisition of Apex and honoured that they have chosen to partner with Howden,” Howden Pacific chief executive Matt Bacon commented. “Apex has long been a fixture of the New Zealand insurance landscape, and we’re proud to be at the beginning of the next chapter in Apex’s future.
“This acquisition builds upon and enhances our New Zealand broking strategy, which has seen us grow significantly over the past 18 months, further expanding our presence in this key geographical region. We see so many opportunities for the future between Howden and Apex, with an unwavering commitment to continue to offer a choice to clients and access to key broking talent to provide leading insurance solutions.”
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