Resilium Insurance, the largest privately owned authorised representative (AR) network following its separation from Suncorp, says it has improved growth prospects under its new ownership structure.

Adrian Kitchin, who led a management buyout in March, says he recognised the potential of Resilium while he was MD of the business within Suncorp.

“The only true way for me to drive the business to the next level of success was if I was in the capacity of an owner or major shareholder,” he told insuranceNEWS.com.au.

“The new owners of Resilium aren’t new to the business. We have many, many years of experience in the insurance industry, as well as first-hand knowledge of the inner workings of the organisation.”

Mr Kitchin says the group has started to implement new strategies.

“These strategies will provide our ARs and their clients with better resources that will in turn achieve better business outcomes,” he said.

“Our ARs are very busy people and we want to provide them with better tools and strategies so they have everything they need at their fingertips, so they can focus on their clients and provide them with the absolute best possible solutions.”

Enhanced training and professional development opportunities for advisers are also planned.

The group has said it will continue to distribute Suncorp’s GIO and Vero-branded products, alongside those from other insurers.

Mr Kitchin joined Resilium from Insurance Advisernet in 2015, where he worked from 2006 to 2015 and left as its MD. He previously worked at Liberty International Underwriters and was general counsel at Aon Risk Solutions.