Announcements
Bendigo Insurance Brokers Pty Ltd joins forces with Envest
Bendigo Insurance Brokers Pty Ltd, a trusted name in the Bendigo community for over 35 Years, is pleased to announce a new partnership with The Envest Group. Envest, has acquired a majority stake in the business and adds Bendigo Insurance Brokers to its growing network of Aviso Group brokers.
MDS announces its first acquisition of a broker in Spain
The MDS Group (“MDS”), part of The Ardonagh Group, has announced it has agreed to acquire insurance broker Cobian Insurance Brokers (“Cobian”). Founded in 2018, and headquartered in Madrid, Cobian has a focus on commercial insurance, particularly in industrial risks, energy, construction and financial lines. Pablo Cobián, CEO of Cobian Insurance Brokers will continue to be part of the management team, driving growth in the Spanish market.
Ardonagh Advisory to acquire Rowett Insurance Broking
Ardonagh Advisory today announces that it has agreed to acquire Rowett Insurance Broking Limited Rowett specialises in commercial, and personal insurance from its offices in St Austell and Plymouth, and its subsidiary company AGRi Insurance Facilities Ltd specialises in wholesale agricultural insurance running from its office in Darlington and their base in St Austell.
Ardonagh completes acquisition of PSC Insurance Group
The Ardonagh Group (“Ardonagh” or “the Group”), a leading multi-national independent insurance broking platform, confirms it has completed the acquisition of PSC Insurance Group Limited (“PSC”). The completion of the transformational acquisition in the APAC region sees PSC’s operations in Australia and New Zealand now combined with The Envest Group, Ardonagh’s platform in the region, led by CEO Greg Mullins.
Benefiz joins Towergate Health & Protection
Towergate Health & Protection is to broaden its employee benefits business with the acquisition of Benefiz Limited. Benefiz is an award-winning firm first established to help smaller employers offer benefits to employees that are normally only available to larger firms. Its team review, design, source and implement a wide range of benefits managed online via one of their flex platforms.
PSC Insurance Group scheme becomes legally effective
Further to the announcements on 8 May 2024 and 26 September 2024, The Ardonagh Group confirms that PSC Insurance Group Limited (“PSC”) has lodged a copy of the orders made by the Federal Court of Australia approving the scheme with the Australian Securities and Investments Commission.