Lyons steps down from OneSure

Wednesday, February 28th 2007, 6:41AM
After more than 12 months setting up and running OneSure, Paul Lyons is stepping down from the business.

OneSure, set up by Money Managers, now has 22 staff based in offices in Auckland, Hamilton, Wellington, Christchurch and Nelson. The business is poised to launch another 10 branches in 2007, which should see the team grow to more than 50 people.

Lyons says OneSure has a unique business model and all of its business units, namely Life and Health, Mortgages, Finance and Fire and General are performing ahead of expectations with a solid platform for growth established.

"OneSure is the fastest growing comprehensive broking business in New Zealand. The shareholders of the business could not be happier."

"I am proud of what we have achieved in such a short time and excited about the opportunity and prospects for the business and industry, however I have elected to resign my position as chief executive and sell my 30% shareholding to OneSure's backers. It is my intention to stay in the financial services industry and capitalise on the opportunities within it," Lyons told Good Returns.

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