Simpson Grierson partner Michael Pollard recently advised Australian insurer nib on its purchase of the medical insurance division of New Zealand life insurer OnePath Life (NZ) Limited.
 
OnePath Life NZ is a fully owned subsidiary of ANZ Bank New Zealand. It is New Zealand’s fifth-largest health insurer. Following the purchase, nib will be providing health insurance to over 200,000 New Zealanders.
 
nib established itself in New Zealand in 2012 with the purchase of the Tower medical insurance business.
 
Michael Pollard says, "We're delighted to be helping nib grow its New Zealand business."