Envest currently has 25 investments.
Each of our investments are a minority interest, in keeping with our strategy and approach to ensure the operators of each business are fully committed to their growth strategy. We provide financial and corporate governance support to all our investment partners.
Envest provides full strategic support to its investment partners by ultimately being the custodian of the strategy and its execution. We facilitate collaboration and implementation of best practice across our network.
Our Insurance Broker Group
The Aviso Group is a national partnership of leading insurance brokers backed by Envest.
Aviso stands for Advice and Vision, and the Group provides a national and personal alternative to traditional broking groups. The Aviso goal is to leverage the local strengths and independence of each member with the strength of a national group. It is one of the first national broking groups to give customers the choice of dealing online or through more traditional advice models or a combination of both.
Aviso offers an alternative solution to the larger, established insurance broker group and currently comprises ten private insurance brokers across five states.
Each member of the Aviso Group is fiercely independent, however by operating as a collective we can achieve the following objectives:
- Creating a strong nationally recognised brand by consolidating marketing efforts
- Providing a differentiated business model catering to all customers buying behaviours and service standards
- Create a consolidated supplier strategy allowing the combined group to negotiate best in class service and more meaningful partnerships
- Greater access to product, support and growth through niche schemes across the country pooling marketing efforts
- Build a national business that nurtures entrepreneurial behaviour and attracts young talent, build succession and grow acquisitively
- Shared back office/administration functions to enable Aviso partners to focus on growing top and bottom line at the same time
“The Aviso broker strategy is going from strength to strength, establishing relationships with all major insurers and key underwriting agencies and becoming a very attractive option for broker businesses looking for an investment partner.”
“Blue Zebra thoroughly enjoys the relationship that has developed with the Envest organisation. We have worked with Greg and the team since before Blue Zebra’s official creation. The culture of the Envest group is always open and collegiate, with business opportunities shared where ever possible. The various arms of Envest appreciate the entrepreneurial spirit of the group, that works together to enable both organic and acquisitive growth and assist organisations like Blue Zebra to meet their potential.”
Envest has eleven underwriting agency partners, the majority of which have been funded since start-up. Our underwriting partners deliver better superior products to niche markets with a low cost, mass distribution capability.
Through our Envest Ecosystem, we seek to leverage our industry relationships to connect agencies with brokers and niche audiences.
Some highlight successes of our underwriting agencies include:
Club 4X4 – Club 4X4 was formed around a campfire, when a group of like-minded 4X4 enthusiasts made the decision to approach and partner with an insurer to develop a specialist insurance product for the 4×4 market to cater for those of us who enjoying going off the beaten track.
Envest took a minority interest in Club 4×4 during the start-up phase and assisted with creating a partnership with the Hollard Insurance Company Pty Ltd (Hollard), an Australian licensed and regulated insurer.
Allstate Underwriting – Allstate Underwriting was “born in the bush” in 2008 when a group of regional brokers came together to debate how best to fill a void in the market at that time. It’s strategy today is underpinned by service excellence in both underwriting and claims.
Blue Zebra Insurance – Australian owned and innovation driven, Blue Zebra believe passionately in the role of the advice model in insurance. Blue Zebra empowers brokers with access to a simple, digitally enabled insurance process, from obtaining a quote to settling claims.
Blue Zebra received the 2019 Australia Insurance Business award for Best Digital Strategy – Underwriting Agency and has been nominated in 2020 for Underwriting Agency of the Year and Best Digital Strategy – Underwriting Agency.
Insurance Related Investments
Envest insurance related businesses support and complement our broker and agency partners and provide diversification of our investment portfolio. Leverage is achieved through cross selling, collaborating and creating efficiencies.
Key businesses in our insurance related sector include:
Claim Central – Providing claims management services, claims technology and real-time data insights. Claim Central has grown from a modest Australian base into New Zealand, South Africa and United States.
Attvest Finance – An innovative premium funding business servicing insurance brokers across Australia. Attvest has grown rapidly and now writes more than $486m in loans.
Macaplan – A long established life and financial planning business based in Sydney. Miguel and his team operate their own AFSL and through their professional advice and outstanding customer service, they continue to thrive in an industry that has come under a lot of scrutiny in the last few years.
Insurtech Gateway Australia – Insurtech Gateway Australia provides seed funding and a three-month incubation period to test insurtech products and services in the market.
“Envest genuinely backs the true entrepreneur and have always over-delivered on their commitments to us. We are lucky to enjoy a collaborative partnership with Envest and proud to have them as a key element of our business.”