Aggregator celebrates “industry honour”

by Rebecca Pike23 Jul 2018

A mortgage aggregator is celebrating a “major industry honour” after being named Australia’s number one aggregator in the annual Brokers on Aggregators Survey conducted by MPA Magazine.

Finsure Finance & Insurance (Finsure) was praised for its quality of lending panel, white label offering, communication with brokers and BDM support. 

The latest accolade follows the group being named Aggregator of the Year (more than 500 brokers) at the 2017 Australian Mortgage Awards and comes with Finsure set to complete a merger with ASX-listed West Australian regional bank ADI Goldfields Money Limited.

Co-founder and managing director John Kolenda said the acknowledgement from brokers in the MPA award was a huge thrill for the Finsure Group and yet another key milestone for the company since it was established in 2011.

He said, “What makes this award so special is that it highlights the support we have from our broker partners and recognition that we are delivering for them.

“Finsure was runner up in this survey last year so we are pleased that we have continued to improve and evolve and meet the needs of the market.

“We have worked hard to add value across all areas of our services and believe Finsure offers an unrivalled service proposition to brokers.

“All Finsure brokers can get all their business needs met under the one roof. Our members really appreciate this and will hopefully continue to rate our proposition favourably across all categories. 

“To stay ahead of the competition and have real relevance for your business partners, you need to provide multiple solutions that businesses would ordinarily source from external parties when they seek to grow. We are always seeking ways to improve our support to remain number one aggregator.”

Seven years since Finsure was established, the group has more than 1400 brokers and expects to have approximately 1600 brokers by the end of 2018 and a $35billion loan book.

Finsure has also agreed to the proposed merger with Goldfields Money Limited which has been described as “transformational” for both companies. The merger is subject to a number of conditions, including obtaining all necessary Goldfields Money shareholder approvals.

Kolenda said Finsure’s broker partners would be provided with an even greater service proposition if the Goldfields Money merger proceeds.

He added, “We believe the combined entity will enjoy increased scale, material revenue uplift and improved growth prospects which will be beneficial to our brokers.”

 

Related stories:
P2P lender partners with Finsure
Aggregator exec joins mutual bank
Broking firm welcomes new state managers

 

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