Runacres Insurance

What Runacres Insurance does

Runacres Insurance is an insurance brokerage headquartered in Christchurch, New Zealand. Founded in 1981, the firm delivers insurance solutions for clients — functioning as an intermediary that places coverage with underwriters on behalf of personal and/or commercial customers. The company operates as a private, for-profit entity with a headcount in the 11–50 range, positioning it as a small-to-mid-sized local broker.

The firm's go-to-market is consistent with a traditional, relationship-driven brokerage model: it maintains a local Christchurch presence (website runacres.co.nz) and is led by Dave Crick as Chief Executive Officer. No specific product lines, carrier panels, vertical specialisations, distribution channels, technology stack, or pricing structure are disclosed in the available source material; the company website rendered only a verification loading screen, and no third-party enrichment data on products, certifications, partnerships, or M&A activity is present.

Operationally, Runacres Insurance has been in continuous operation for more than four decades, which is a notable indicator of client retention and regulatory standing in the New Zealand insurance market. However, the breadth and depth of its book — including segment mix (commercial vs. personal lines), premium volume, and concentration — cannot be determined from the available data. There are no disclosed funding rounds, subsidiaries, patents, awards, or regulatory actions, and no information on AI/ML capability, APIs, or app-based distribution channels.

Name

Runacres Insurance

Website

https://runacres.co.nz

Company type

Private

Founded year

1981

Headcount range

11–50 employees

Short description

Runacres Insurance is a Christchurch, New Zealand-based insurance brokerage, founded in 1981, that delivers insurance solutions to clients as a privately held intermediary with 11–50 employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Christchurch

HQ country

New Zealand

HQ region

Oceania

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Core offering

Runacres Insurance is an independent insurance brokerage based in Christchurch, New Zealand, that arranges and places insurance coverage on behalf of its clients. The firm advises on suitable policies, manages placement with insurers, and supports clients through the lifecycle of cover, including renewals and claims handling. Operating since 1981, the brokerage serves both personal and commercial clients with tailored insurance solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Insurance Brokerage Solutions

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• NZbrokers: A network of independent NZ insurance brokerages. Comparable as a peer given the shared brokerage model and NZ market focus.
• ICIB Brokerweb: NZ-aligned brokerage network (now part of the Aon group) operating across commercial and personal lines. Direct overlap in product offering and customer segments with Runacres.
• Rothbury Insurance Brokers: NZ-based insurance brokerage with a multi-office national footprint. Directly comparable business model and customer base to Runacres Insurance.
• Crombie Lockwood: One of New Zealand's largest independent insurance brokerages, headquartered locally and serving both commercial and personal lines. Highly comparable to Runacres as a NZ-domiciled brokerage intermediary.

Broad incumbents

• Aon New Zealand: Global insurance and reinsurance brokerage with a substantial NZ office. Larger incumbent serving the same commercial insurance client base as Runacres.
• Lockton: Largest privately held global insurance brokerage with APAC operations. Comparable in brokerage model, though operating at much larger scale and scope.
• Willis Towers Watson New Zealand: Global advisory and brokerage firm with NZ presence. Comparable as a broad incumbent operating in the same insurance intermediation space.
• Marsh New Zealand: Global insurance broker and risk advisor with NZ operations. Competes for the same mid-market and large commercial insurance placements as Runacres.

Regional players

• PSC Insurance Group: ASX-listed Australasian insurance brokerage group. Similar product/customer mix and regional (ANZ) focus, though larger and acquisitive.
• Insurance Advisernet: Australian-headquartered network of insurance advisers with ties to the NZ market. Comparable as a regional brokerage peer with similar advisor-driven distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/RunacresLtd
• LinkedInlinkedin.com/company/runacres-insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Runacres Insurance