Aviso Broking – part of the Envest Group, a subsidiary of global insurance distribution platform The Ardonagh Group – has expanded its footprint in Sydney by acquiring a corporate authorised representative (CAR) business.
Established in 2009 by Trent Mockford, the Sydney based CAR business has two staff and a gross written premium of around $6 million.
According to his LinkedIn profile, Mockford was an AR for Brookvale Insurance Brokers.
The deal will see Mockford’s staff and SME client base join Aviso Broking's Sydney operations.
“This is an exciting time for Aviso Broking as we continue to acquire great businesses and people that align with our culture and values,” said Aviso Broking CEO Jeff Moule. “Trent Mockford and his team have been successful in building a great business since starting as a Corporate Authorised Representative in 2009.”
“There is some great alignment here, both with our current customer base, our people, and our office locations,” he continued. “Trent is currently based on the Sunshine Coast close to our office, and his staff Evelyn Guzman and Shane Taylor will be joining our North Sydney team this month.”
Mockford said Aviso Broking will offer its resources to help his team service the broker's growing customer base.
“It's a great fit for us and our clients so we are looking forward to joining [the] Aviso Broking team,” he said. “There are natural synergies between what we already do, and this feels like being a local broker, with autonomy to build and grow but on a larger scale, with systems and processes behind us. One of the key drivers in joining Aviso was to be part of something bigger.”
Aviso also recently expanded its footprint in Newcastle by acquiring a transport-focused Authorised Representative of Resilium Insurance Broking.
THIS STORY HAS BEEN UPDATED: An earlier version incorrectly said Brookvale Insurance Brokers, rather than Mockford’s AR business, was the firm acquired by Aviso Broking.
