Honan names chief financial officer

Honan Coverage Group (Honan) has appointed Jacob Gunzburg to the newly designed purpose of main fiscal officer (CFO).

Gunzburg is a chartered accountant with more than 22 decades of economical accounting practical experience, like fiscal reporting, company accounting, mergers and acquisitions (M&A), and financial danger administration. He also held senior finance positions at Downer and Spotless Group Holdings Restricted, combined with more than 10 several years of encounter at KPMG.

In his new part at Honan, Gunzburg will be centered in the Melbourne head place of work and oversee around 50 % a billion pounds in premiums and $100 million in profits. He will also be dependable for the strategic economic management of the firm’s M&A activity and integration, a important precedence because it partnered with private equity business TA Associates in 2020.

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Honan main running officer (COO) Laurence Basell made use of to be liable for the business’ strategic monetary administration. Nevertheless, a compounded annual expansion level of extra than 25% over the last 3 several years has driven the will need for a standalone CFO role.

Commenting on the freshly created position, CEO Andrew Fluitsma stated Gunzburg will provide strategic stewardship and statutory oversight to the promptly increasing company’s accounting and finance purpose.

“We are now a business of much more than 350 folks, and Jacob’s appointment displays our lofty ambitions to near the gap on our larger competitors and proceed to problem larger sized institutional brokers,” Fluitsma claimed.

Gunzburg commented: “This is my 1st foray into the insurance policies business, and Honan’s challenger mentality and want to do matters in a different way [are] what attracted me to the position. Honan’s sturdy functionality and world wide community are remarkable, and I’m on the lookout ahead to contributing to the following period of progress.”

Honan was just one of the excellence awardees at the Insurance policies Enterprise Australia Awards 2022 and winner of one particular of Insurance plan Enterprise Australia’s 5-Star Technologies awards 2022.