Bombora expands despite ‘head winds’
Risk advice specialist, Bombora Advice has expanded its network to 35 risk advisers in four years despite “head winds” faced by the sector, according to its managing director.
Bombora managing director, Wayne Handley said he was delighted that the firm had continued to attract quality risk firms despite the head winds.
“Even given the very challenging conditions the opportunities for quality risk advice firms has never been better,” he said.
Handley said his firm’s marketplace offering was underpinned by attracting and assisting advisers that were a cultural fit to improve their business efficiency, capacity, and growth by capitalising on the benefits of specialisation supported by proven systems and processes.
“Our new business growth, productivity success and differentiation from other licensees has been achieved via a very clear vision of the future and a collaborative collegiate corporate model dedicated to servicing the needs of risk advice businesses and their clients,” he said.
Handley pointed to Bombora’s MBS Insurance joint venture partnership with Pitcher Partners Sydney in 2016, and Perera Crowther joining Bombora with the establishment of a joint venture with Econ Financial Services, that resulted in Econ Insurance Services.
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