The strategic financial management of the business previously fell within the remit of Chief Operating Officer, Laurence Basell. A compounded annual growth rate of over 25% over the last three years, however, has driven the need for a standalone CFO role.

Jacob is a Chartered Accountant and brings to Honan more than 22 years’ financial accounting experience, encompassing financial reporting, corporate accounting, M&A, and financial risk management. He previously held senior finance positions at Downer and Spotless Group Holdings Limited combined with over ten years’ experience at KPMG.

In his new role, Jacob will oversee over half a billion dollars in premiums and $100 million in revenue. He will also be responsible for the strategic financial management of Honan’s Mergers and Acquisitions activity and integration. This has been a key pillar of the globally networked insurance broker’s business strategy since it entered into a partnership with private equity firm TA Associates in 2020.

Honan’s Chief Executive Officer, Andrew Fluitsma, said: “Jacob will bring strategic stewardship and statutory oversight to the accounting and finance function of our rapidly growing business.”

“We are now a business of more than 350 people and Jacob’s appointment reflects our lofty ambitions to close the gap on our bigger competitors and continue to challenge larger institutional brokers.”  

Jacob Gunzburg said: “This is my first foray into the insurance industry and Honan’s challenger mentality and desire to do things differently is what attracted me to the role.”

“Honan’s strong performance and global network are impressive and I’m looking forward to contributing to the next phase of growth.”

Jacob will be based in Honan’s Melbourne Head Office.

Media Contacts:

Keep Left (on behalf of Honan)

Mitchell Blincoe

0427 801 843

mblincoe@keepleft.com.au