AUB Group completed the merger with Ascentro Capital-backed ICIB BROKERWEB Insurance and Risk Advisory.

AUB Group, an insurance company, completed the merger with Ascentro Capital-backed ICIB BROKERWEB Insurance and Risk Advisory, an independent brokerage. Financial terms were not disclosed. "I am very pleased to welcome Grant and the ICIB team to the AUB family. ICIB are a well-respected and admired broking team with capabilities and a geographic footprint that is an excellent complement to BWRS. The merged business will be one of the leading broking businesses in New Zealand offering significant opportunities to our team and benefits to our clients," Mike Emmett, AUB Group MD and CEO.