Global insurance group, Howden has completed its acquisition of Apex Insurance New Zealand and its associated subsidiaries.
Acquiring Apex will greatly accelerate Howden’s ongoing strategy to form a leading broking operation in the Pacific region, as it builds on the foundation for the company’s growth plans in New Zealand, as well as the overall servicing capabilities across the region.
At the same time, Howden noted that this acquisition strengthens their New Zealand Broking operations and will be an integral part of the combined New Zealand broking business comprising of Apex, Wallace McLean and Howden Broking NZ.