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Earlier this year, FMR Risk announced that it had agreed to sell its business to Crombie Lockwood, a part of Wesfarmers Insurance, which is a division of Wesfarmers Limited, a top ten ASX listed company with operating revenue in excess of AUD 50 billion in the year ended 30 June 2011.

Originally formed through a merger between HD Fraser & Macandrew Limited, Lance Ryan Brokers Limited and Macandrew Insurances International Limited, FMR Risk also incorporated the broking businesses of Risk Solutions, Mahony & Co and Long Barker Snookes Rutherford and developed a subsidiary operation FMR Professions Ltd.

Through its own mergers and acquisitions, FMR Risk had evolved to become New Zealand's most progressive insurance advisor, providing a full range of insurance broking and risk advisory services to institutions, corporate entities and commercial enterprises nationally and internationally.

Wesfarmers brings strength and market influence at a time of unprecedented change in the insurance industry that makes our organisation uniquely well equipped to deal with the challenges ahead.

FMR Risk's traditional strength in the corporate arena complements Crombie Lockwood's national footprint with a combined network of 25 offices. The company has its own Lloyds of London placing company; a staff of more than 500 professionals; and manages over NZD 400 million in client premiums.  

Typically for such a progressive company, FMR Risk has built its broking and risk advisory expertise in a number of key business sectors, assuming the role of market leader in several specialist areas.

As New Zealand enters what may be the hardest insurance market we have ever experienced, it is essential for New Zealand businesses to have an insurance broking partner with impeccable credentials, local and international resources and sufficient market presence to leverage better insurance solutions for them.

Now as part of Crombie Lockwood, FMR Risk offers all of these prerequisites for client performance and security.

 

CHRISTCHURCH EARTHQUAKE

For all claims assistance or insurance queries arising from the Christchurch earthquakes please contact your broker either by cell phone or email. Their contact details are contained under "Our People" on this website.

For corporate and commercial insurances please contact your broker direct.

For residential property owners and claims resulting from the Christchurch Earthquake please refer to the EQC Flow Chart on the Downloads page for the claims process.

 

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