Crombie Lockwood history

The Crombie Lockwood Group dates back to 1978 when Colin Crombie started an insurance broking business with a single office in Napier. Through organic growth based on service provision and success, as well as strategic acquisitions, Crombie Lockwood has grown to be New Zealand's largest insurance broker.


1978   Colin Crombie and Peter Stephens open Crombie Stephens and Associates in Napier. 
1983   Steve Lockwood joins and opens an office in Palmerston North.
1985   Crombie Lockwood & McLean opens for business in New Plymouth.
1986   Hamilton office opens and Steve Lockwood buys out Peter Stephens' shareholding. 
1987   Acquires RC Watt and Associates (Palmerston North). 
1988   Wellington office opens and a third main shareholder, Carl O'Shea (our current CEO), starts with the business. 
1989   Christchurch branch opens its doors as Crombie Lockwood & Davies.
1990   Crombie Stephens and Associates changes its name to Crombie Lockwood.
1992   Forms Crombie Lockwood Financial Services Limited, offering life, risk, and health cover at both retail and wholesale level.
1993   Forms Offshore Placements Limited (now Offshore Market Placements Ltd, OMPL) to gain direct access the London insurance market. Risks could now be placed with Lloyd's of London. 
1994   Acquires JA Bagnell Ltd (Wellington). 
1995   Opens offices in Auckland, Tauranga and Nelson. 
1998   Acquires Head Insurance Brokers (City) and Wilkinson Insurance Brokers (Auckland). Crombie Lockwood (Southern) Limited opens for business in Invercargill.
1999   Acquires Dowling and Associates Ltd (Tauranga), Hart Thomas Insurance Broker Ltd (Palmerston North) and Pacific Insurance Brokers Ltd (Wellington). 
2000   Acquires Longley Insurance Brokers (City) and sets up Monument Finance Ltd to provide premium funding to clients. 
2002   Forms ongoing relationship with National Bank to provide insurance for the bank's clients. Opens office in Kapiti. Acquires Davis and Jenkins Ltd (Hamilton), Powerhouse General Ltd (Nelson), Shaw Lewis Ltd (Tauranga), and JW Manks and Co Ltd (Auckland, Wellington, Christchurch and Wanganui). 
2003   Opens South Auckland office. Acquires JS Burrett Insurance Brokers Ltd, Adkins Insurance Services Ltd and Kelliher and Associates Ltd (all in Auckland). 
2004   Restructures the 30 separate legal companies making up Crombie Lockwood. 
2005   Opens Queenstown office. 
2006   Becomes part of the Wesfarmers Group. Opens Blenheim office. 
2007   Acquires Law Mooney Williamson (Hamilton) and Mahony Trendall Jack (City, specialising in film and television production insurance). 
2008   Acquires Unicare (City), provider of insurances to international students and Needham Heatly (South Auckland and Christchurch).
2009   Acquires Insurance Solutions (Nelson).
2010   Acquires Murray Hall Insurance Brokers (Whangarei).
2011   Acquires FMR Risk Ltd (nine offices). 
2012   Acquires ACM Ahlers (ten offices).
2014   Opens office in Greymouth.
    Acquired by Arthur J Gallagher & Co.