Announcement: Rivers acquires IOOF Insurance Brokers

Rivers Insurance Brokers are pleased to announce Rivers acquisition of IOOF Insurance Brokers (IOOF)”.  

For our clients, this development provides us with additional scale to support our investments in systems and more importantly it will also provide additional capability to our team and increased leverage with insurers.  This will ensure we can continue to provide the best possible outcome in terms of service, price, coverage and claims outcomes into the future.

Both Rivers and IOOF have a proud history of providing exceptional insurance advice and client service to a broad range of client’s throughout Australia. Whilst we will have cemented our position as one of Queensland’s larger privately owned Brokerages, we are absolutely committed to maintaining the family run feel of our business.

The combined business will continue to operate under the Rivers Insurance Brokers name.

Don Tickle, Managing Director of Rivers said:

“I am very excited to be welcoming the IOOF team to Rivers. We have worked very hard in recent years to build a value’s led business that is committed to looking after our team members and our clients. I am so proud of the fact that the IOOF team chose us as their new work family.

Our team has known a number of the IOOF people for a long time and we know that culturally it’s going to be a great fit.

We see so many amazing opportunities ahead of us as we:

• continue to work closely with IOOF’s former parent Insignia Financial, one of Australia’s leading providers of financial services
• expand our network into Victoria; and
• continue to build the scale and capability of our team to ensure that our clients “Never Feel Alone””

Combined, the Rivers/IOOF business will have operations in Cairns, Innisfail, Melbourne and Brisbane. It will employ approximately 60 Staff and provide insurance and risk services to almost 10,000 clients.