Rangatira's stake in Partners

Thursday, November 29th 2012, 4:32PM

Investment company Rangatira has invested a further $3.8 million in Partners Life, bringing its total investment in the company to $8.3 million, representing 9% stake.

It has $3.5 million for a 15% stake in Konnect Net. Konnect Net is a leading provider of business process management solutions for the insurance and health sectors in Australia and New Zealand. Konnect Net’s computerised systems link insurance companies with insurance agents and healthcare providers to enable a streamlined customer service covering policy applications, management and claims.

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