Keeping you informed

Eoghan Trehy has been appointed Head of Resilium Partners to lead the growth and development of the Resilium Authorised Representative Equity Partner model.

Ardonagh to acquire Australian-headquartered and ASX-listed PSC Insurance Group in landmark A$2.3 billion transaction

Mr Kemp joins the Group after 27 years in the international broking business and will work alongside Chief Distribution Officer and Resilium CEO Craig Robson.

The Envest Group (“Envest”) a privately owned diversified insurance platform, part of The Ardonagh Group (“Ardonagh”) has secured a substantial investment from Macquarie Capital Principal Finance to accelerate its acquisition journey in the Australian insurance distribution sector.

Envest’s EDA and Aviso Broking businesses secured the funding for their chosen charities – the Peter MacCallum Cancer Foundation – Caidan’s Reach Project and RUN DIPG, with successful submissions from team members Con Tsobanpoulos (EDA) and Luke Eagle (Aviso Broking) to the global Ardonagh giving program.

The Ardonagh Group (“Ardonagh”, “The Group”), has announced that it will acquire Envest Pty Ltd (“Envest”).

Aster Underwriting and SGUA (St George Underwriting Agency) joined the Envest Group in Q2, bringing the total number of underwriters in the Envest Group to 15.

Founded as a private insurance investment group in 2016, Envest now has interests in 15 agencies, 13 brokers and three insurance related companies. In the past twelve months, the group has increased its ownership of existing companies and investment portfolio size by more than 70%.

Aviso Group is a national partnership of client focused insurance brokers founded by Envest and six private insurance brokers. Wymark will be the 12th business to join the Group which now combines 20 offices nationally, more than 220 employees, 17 principals and $375m in Gross Written Premium (GWP).

Entrepreneurial insurance distribution and investment company, Envest has acquired Ken Tame and Associates, an underwriting agency specialising in insurance for recreational vehicles including motorhomes, caravans, campervans, slide-ons and fifth wheelers.Formerly owned by Allianz, Ken Tame and Associates has an exclusive arrangement to provide motor insurance for the 70,000+ members of the Campervan and Motorhome Club of Australia Limited (CMCA).

Chief Executive Officer of Hollard Commercial Insurance (HCi) and Hollard Board member, Richard Heilig will be leaving Hollard to join private equity investment company Envest.

Entrepreneurial insurance and finance firm Envest has taken minority interest in a new start-up marine underwriting agency, RedSky Insurance.