NAME GAME: MIIC Financial Planning Manager Jim Wirth with employees Kerry Mitchell and Tracey Kitson. Photo: supplied A local company is undergoing a name changeafter almost 40 years in the city.
Mount Isa Insurance Consultants will now be known as MIIC Financial Planning, after the business was sold to new manager Jim Wirth.
Mr Wirth said he had been working under Garry and Sandra Collins since 1997.
“Garry Collins and Sandra Collins, who happen to be my in-laws, they’ve been in the business since 1977,” Mr Wirth said.
“Recently they’ve retired and I’ve taken the business over from them.”
Mr Wirth said it was essential that the business had a name that reflected the direction the company was moving in.
“We’ve always been called Mount Isa Insurance Consultants, and we’ve changed that to MIIC Financial Planning,” he said.
The change in name will also see a shift in service focus.
Mr Wirth said while the company will still deal in mining insurance, they will also be putting more time into superannuation and finance planning in both Mount Isa and surrounding towns.
“We go down to Cloncurry once a month, and we want people to recognise that we don’t just do mining insurance,” he said.
Previous owner Garry Collins said he left his job as a shift supervisor at the mines to start the business.
“At that time Mount Isa had 52 insurance consultants, and oddly enough people in the mining industry couldn’t get insurance,” Mr Collins said.
“When I left the mines and went to insurance school, I didn’t know at the time that miners couldn’t get insurance.
“When I found that out I spent about the next decade pushing the insurance companies into looking seriously at the mining industry.”
As for passing on the company, Mr Collins said Mr Wirth was always the obvious choice.
“Jimmy [Wirth] has been with me for 20 years, at the company, as an adviser, so he was always the heir apparent.”
The company will make the official switch to MIIC Financial Planning in the near future.
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