Aussie broker giant CBN enters NZ with Folio deal

The Folio team will continue in their roles as part of the agreement, focused on enhancing the technology proposition and supporting brokers, the firm says. (Image: Supplied)

John Anthony

Mon, 11 Aug 2025

Australia’s Community Broker Network, a private insurance broker network backed by ASX-listed Steadfast Group, has launched in New Zealand by acquiring Folio’s local insurance broking network.Folio, an NZ-based insurance technology provider, retains its software platform while Community Broker Network (CBN) takes over its broking operations, which will now operate as CBN NZ.'Smart platform'Founded in 2020, Folio is a digital network that reduces admin for insurance advisers and connects them through a smart platform and supp...

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