nib: Opportunities for advisers

It was announced this week that nib’s New Zealand business had achieved net policyholder growth of 3.3% in the second half of last year.

It posted an operating profit of $1.3 million, up from $0.5 million in the same period a year earlier.

Its premium revenue was $72.9 million for the six months, up 8.1% on the same period in 2013.

Direct sales were introduced by nib last year and Rob Hennin said sales had grown month-on-month every month since.