Bombora to strengthen key business & growth areas with appointment of David Mounsey

Bombora Advice founder and Managing Director Wayne Handley has announced the appointment of industry stalwart David Mounsey to the newly created role of Business Growth & Development Manager.

Commenting further on the announcement, Handley said David brings significant industry experience and insight that will be utilised to strengthen Bombora's risk specialist marketplace offering and drive the national licensee's next growth stage. 

Operating from the national licensee's Melbourne Head Office, David's role will encompass two key areas - 

• First, to attract new quality practices / advisers to Bombora's national network of risk advice professionals; and 
• Secondly, to work with existing practices to develop referral relationships with other professional service firms. 

In addition, David will seek acquisition opportunities as well as developing a B2B offering that will leverage Bombora's proven and highly successful Risk Insurance business model and framework.

Prior to joining Bombora, David held senior Executive Roles at AIA and TAL, having most recently held the position as the Head of Sales for TAL (2016-2022).  Furthermore, David's understanding and appreciation of Risk Insurance from the adviser's perspective is further deepened by working with his partner to run a successful Risk Practice for many years.

David Mounsey said, "I'm excited to have the opportunity to contribute to Bombora's ongoing success and to work with the organisation's highly motivated and respected risk advice practitioners. 

"The role of Business Growth & Development Manager provides me the opportunity to assist advisers and practices to enhance and lift productivity and capitalise on business opportunities in an increasingly complex and challenging financial services environment."

Looking to the future, Wayne Handley said with industry turmoil continuing, there's real benefit for risk practices to join or align themselves with a specialist advice licensee like Bombora that is so well positioned and structured to support their long-term business, succession and growth aspirations.

"Even though conditions are challenging - the opportunities for quality risk advice firms has never been better," added Wayne Handley. 

Since inception in 2013, growth for growth's sake was never the objective for Bombora.   The application of a best practice risk specialisation model with a 'quality over quantity' focus has resulted in industry leading productivity outcomes for the Bombora network of risk advice professionals.

In addition, Bombora has aligned its future to one where its risk practitioners work within strategic alliance frameworks with fellow advice providers such as accountants, lawyers and in particular wealth advisers.  Working collaboratively with other professional service firms to deliver the very highest standards of client service and advice outcomes.

Wayne Handley concluded, "Time has validated for Bombora that specialisation is the foundation for long-term success and driver of a more innovative approach to delivering risk advice".

"With the appointment of David Mounsey, Bombora is well placed to capitalise on its reputation and marketplace offer to further position Bombora as an industry leader - and leverage and expand the group's resources and capabilities to a broader base of risk advice practitioners and practices".

ENDS

Issued by Bombora Advice        www.bomboraadvice.com.au         

Media Enquiries:                 Mr. Joe Perri, Joe Perri & Associates Pty Ltd

                                                M:  +61 412 112 545    E:  jperri@joeperri.com.au