NZBrokers

What NZBrokers does

NZbrokers Management Limited, founded in 2001 and headquartered in Auckland, is New Zealand's largest independent insurance broker network. The company operates as a B2B platform-plus-network model, serving 38 independent member brokerages that collectively represent more than 140,000 end-clients and place over $850 million in insurance premiums annually across personal, rural, business, and marine/aviation lines. NZbrokers Management provides network-level services to its members, including collective representation to insurers, professional development programs, compliance support, and access to specialist providers such as SURA, Tysers (an AUB Group subsidiary), and Globex International Group.

The company's core technology assets are NZbrokers - Javln, a group-wide platform launched in 2024 that connects insurers, brokers, and clients through a unified workflow system and is being rolled out as a replacement for legacy broker systems, and the NZbrokers Member Portal, which delivers members access to group professional indemnity and cyber insurance programs, educational services, and operational tools including Power BI, RedBook, FormsByAir, and LMI. Members cover all regions of New Zealand, providing localized, face-to-face insurance advisory and claims support across personal, commercial, rural, and specialist risk categories.

NZbrokers is wholly owned by AUB Group, an ASX200-listed conglomerate of retail and wholesale insurance brokers and underwriting agencies operating across 570 locations globally and placing AUD$9.5 billion in insurance premiums. Revenue is generated through a hybrid model: subscription/recurring fees paid by member brokers for network benefits (technology, education, compliance, group insurance programs), supplemented indirectly by transaction-based commissions earned by member brokers from insurers on placed policies. The company also maintains the NZbrokers Foundation, established in 2021, which provides scholarships and partners with the Orange Sky charity.

Name

NZBrokers

Legal name

NZbrokers Management Limited

Website

https://nzbrokers.co.nz

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

NZbrokers Management Limited is New Zealand's largest independent insurance broker network, operating a B2B platform serving 38 independent member brokers that collectively represent 140,000+ clients across personal, rural, business, and marine insurance lines.

Ownership category

akta.pro rank

Product category

Insurance Broker Network Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Insurance broker network
• Broker support services
• Commercial insurance
• Insurance intermediary
• Independent broker members

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Broker Network Services: NZbrokers provides support services to member brokers including group insurance programs, professional development, technology platforms, and compliance advice. Members pay for access to these network benefits.
2. Insurance Brokerage Commissions: Member brokers earn commissions from insurers for placing insurance policies. Insurance brokers may charge fees for services or receive commission from insurance companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NZbrokers operates New Zealand's largest independent insurance broker network, providing member brokers with centralised support services including a group professional indemnity and cyber insurance programme, education and CPD conferences, the NZbrokers - Javln broking platform, the Member Portal, and access to specialist providers. Member brokers distribute personal, rural, business, and marine and aviation insurance products to over 140,000 end clients across all regions of New Zealand.

Product overview

NZbrokers is New Zealand's largest independent insurance broking network operating as a platform-plus-member model. The core offering consists of the NZbrokers - Javln platform (an innovative technology solution connecting insurers, brokers, and clients), the NZbrokers Member Portal (providing members with professional indemnity programs, educational services, and member benefits), and a network of member brokers offering Personal, Rural, Business, and Marine and Aviation Insurance services. The technology platform enables members to transition from legacy broker platforms while providing access to analytics tools like Power BI, RedBook, FormsByAir, and LMI.

Differentiator

Problem solved

Functional benefit

Brands

• NZbrokers - Javln: An innovative platform connecting insurers, brokers, and clients, designed to revolutionize the broking industry with streamlined features and functionality.

Products and services

• NZbrokers - Javln An innovative technology platform that connects insurers, brokers, and clients, designed to revolutionise the broking industry with streamlined features and functionality for member brokers.
• NZbrokers Member Portal A customised website and portal providing member brokers with access to the group professional indemnity, management liability and cyber insurance programme, educational services, workshops, CPD rated conferences, and Professional Development Days.
• Personal Insurance Insurance services covering everyday needs including home, motor vehicle, boat, travel, health, and life insurance policies distributed to individual consumers through member brokers.
• Rural Insurance Insurance solutions for rural scenarios including general, statutory and employers liability insurance, property, motor, livestock, and bloodstock insurance for farmers and rural property owners.
• Business Insurance Targeted insurance solutions for businesses including property, cyber, general and statutory liabilities, employers liability, professional risks, directors and officers, motor, and construction insurance.
• Marine and Aviation Insurance Specialised insurance policies for maritime and aviation activities covering hull damage, cargo loss, liability, accidents, trade credit, and event insurance.

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

One partnership is on record.

• Orange SkyminorStrategic or Co-development Partner · 1 July 2021NZbrokers partners with Orange Sky, a non-profit organisation that provides free mobile laundry and shower services to people experiencing homelessness in New Zealand. NZbrokers together with members have donated over $45,000 for Orange Sky.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Arthur J. Gallagher (Gallagher): Global insurance brokerage and risk management services firm with NZ operations; competes for mid-to-large commercial accounts across the same product lines as NZbrokers members.
• Aon: Global insurance brokerage and advisory firm operating in NZ; overlaps with NZbrokers members on commercial and specialty lines.
• AUB Group: ASX200-listed parent company of NZbrokers and itself a network of retail and wholesale insurance brokers and underwriting agencies across Australia and New Zealand. Directly comparable as a broker network aggregator with similar member/aggregation economics.
• Marsh: Global insurance broker and risk advisor with significant NZ presence; competes for mid-market and large commercial accounts that NZbrokers members also serve.
• Willis Towers Watson: Global insurance and risk advisory firm competing for larger NZ commercial clients; relevant peer for specialty line capabilities and insurer access.

Direct peers

• Steadfast Group: ASX-listed insurance broker network in Australia and NZ operating a member-based model with shared services, technology platforms, and collective insurer arrangements — the closest functional analog to NZbrokers.
• Rothbury Insurance Brokers: Major NZ-headquartered insurance brokerage group offering personal, commercial, and specialist insurance — directly competing with NZbrokers members for NZ clients and insurer relationships.
• Crombie Lockwood: One of New Zealand's largest independent insurance brokerages, competing directly with NZbrokers' member brokers across personal, commercial, and rural lines in NZ.
• ICIB BrokerWeb / Insurance & Risk Advisory: NZ insurance and risk advisory brokerage (and historical NZbrokers member), offering directly comparable commercial and personal broking services in the same market.

Emerging players

• Tysers: Specialist insurance broker and AUB Group subsidiary that NZbrokers members access for specialty capacity; comparable as a specialty insurance intermediary within the same broader group.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NZbrokers1
• LinkedInlinkedin.com/company/nzbrokers-management-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 NZBrokers