New Zealand insurance brokerage ICIB Brokerweb has  acquired the MultiSure & TruckSure businesses, effective from 1 November 2023, bolstering its heavy motor, transport and logistics specialties.

MultiSure’s managing director Philip Toohill and his team have joined the ICIB Brokerweb in Auckland.

“We are delighted to have Philip and the MultiSure team join our business. 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,” said ICIB Brokerweb managing director, Grant Milne.

“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 & logistics practice in the New Year focused on delivering high quality service & advice, risk management options, claims solutions, and insurance solutions backed by strong market support.”

MultiSure’s Managing Director, Philip Toohill, said it is 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,” Toohill said.

“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.”