What does it take to make an insurance brokerage thrive? Is it their teams and talent? Their focus on specialty niches? Embracing new technology? Or simply a focus on client service? However you set apart the best from the rest, Australia and New Zealand have voted – and their top brokerages have been revealed.
Earlier this year, brokerages with three or more brokers, headquartered in Australia or New Zealand, were asked to submit data for the 2024/25 financial year. Rankings were then created based on multiple criteria, including client numbers, policy volumes, growth metrics and revenue – all evaluated on a per-broker basis. The lowest cumulative score determined the top ranking brokerages.
In addition, Insurance Business put together a list of fast brokerages – focusing on those new to the field that have seen rapid growth. Brokerages achieving 20% combined growth in gross written premium and revenue were recognised.
There were a host of winners highlighted in the report. Among the New Zealand entrants was Fundagroup Insurance Brokers, which describes itself as rewriting the playbook on fire and general insurance with a five-strong team.
You can read more about that brokerage by clicking on the link. However, it certainly was not the only top brokerage on this side of the Tasman – to view all the winners and to read the full report, for free, check out the Top Insurance Brokerages and Fastest Growing Brokerages report now.