Insurance House and Yorkway Partners are pleased to announce the recent completion of Yorkway’s significant minority investment in our business. To complement this move we are also very pleased to welcome Paul Batchelor, former CEO of AMP Limited (having left in 2002) and the Principal of Yorkway Partners, as our newest Board member.
“Yorkway brings significant industry knowledge, expertise and networks to the table, both through the Yorkway team and individual investors within the Yorkway consortium,” says Jay Fereday, Managing Director, Insurance House Group.
This is a significant step forward for Insurance House, our clients and valued partners. Enabling greater investment in product and service delivery; furthering our 'face to face' broker support services in addition to enhancing the digital delivery of our insurance solutions to our clients.
Strategically this partnership also presents Insurance House with the opportunity to further position ourselves as a prominent player in regional Australia. With an already impressive network of owned offices and Authorised Representatives extending over 60 locations, the investment by Yorkway provides us with the necessary capital injection to see this growth strategy evolve and grow.
“We are delighted to be partnering with Insurance House, a business in a market leading position with a strong Managing Director, experienced management team and well poised for future growth,” commented Paul Batchelor, Principal of Yorkway Partners.
This is an exciting time for Insurance House with industry publications also taking interest in our on-going developments. You can read more about our announcement at InsuranceNEWS and Insurance Business online.
Yorkway is an investment firm, founded in 2009 by Paul Batchelor and Michelene Hart to provide high quality businesses like Insurance House with a combination of growth capital, commercial experience and strategic support to help the business grow and reach their full potential. The Yorkway team is comprised of former senior business executives who have walked in the shoes of management and boards, bringing this strategic and operational experience to the management teams with whom they partner.