Sharechat Logo

Gallagher Bassett buys TriEx Health for undisclosed sum

Monday 8th January 2018

Text too small?

Multinational insurance claims manager Gallagher Bassett has bought local workplace health and safety services provider TriEx Health, Safety and Wellness for an undisclosed sum.

Gallagher Bassett, which last year bought Australian insurance claims management company Stream Group's New Zealand subsidiary Symetri for up to $25 million, will take on current directors Sarah O’Connell and Rob Acutt through the acquisition. O'Connell will become general manager of TriEx.

"We see this as a great opportunity," said Gallagher Bassett's New Zealand managing director Craig Furness. "GB’s expertise in claim management, rehabilitation and policy administration is well known in New Zealand. TriEx is a proven and trusted provider of occupational health, safety & wellness solutions for New Zealand workers, with a great reputation for excellence."

Gallagher Bassett says it is the largest multi-disciplinary third party claims administrator in New Zealand, and manages claims on behalf of insurers, brokers, government bodies and self-insured organisations. Globally, it says it is the largest property/casualty third party claims administrator and has operations in the US, Canada, UK and Australia. 

In New Zealand, it runs an accredited employer programme which reduces employers' Accident Compensation Corp levies if they take on the responsibility of managing workplace health and safety, including claims management and rehabilitation of their own employees following a work injury.


  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

MARKET CLOSE: NZ shares hit record amidst rebalancing, Comvita and Sky TV gain while Pushpay, A2 drop
NZ dollar heads for 0.5% weekly decline as risk aversion rises
RBNZ's Spencer tipped to stand pat in final review next week, repeat same message
Lyttelton Port rejects union claims as strike planned for next week
Storm CEO Deborah Caldwell buys women's clothing chain from Hallenstein
Govt to invest $5 mln in Northland wharves through regional fund
Veritas shareholders vote in favour of Mad Butcher sale
Failed fashion chain Andrea Moore & Co 'significantly overstated' value of inventory by $3.3M
UPDATE: NZ dairy manufacturer plans to list on ASX to raise up to A$20M for expansion
Bay of Islands Airport terminal upgrade to get $1.7M from govt's provincial growth fund

IRG See IRG research reports