AUB Group Ltd. acquired New Zealand-based insurance brokerage Lowe Schollum & Jones Ltd., Insurance Business Australia reported Dec. 4, citing AUB Group's CEO and managing director, Mark Searles.
The Sydney-based group acquired Lowe Schollum & Jones through its equity partner BrokerWeb Risk Services Ltd. The acquisition will help AUB Group build further momentum in the New Zealand market, Searles said.
