Aviso Group, a national partnership of brokers, has announced the launch of a major new brokerage: Aviso Broking. The new brokering firm is the result of a merger of five existing Aviso partners: Allsafe, Aviso EIA, Aviso All Points, Wymark and Sutton Insurance Brokers.
“All five businesses have been highly successful and achieved exceptional growth over the years and the merger will provide us with the scale to provide opportunities for our people whilst we focus on delivering better customer experiences,” said Aviso Broking’s new CEO Jeff Moule.
In a news release, the firm said it will have offices “in every major city in Queensland and New South Wales as well as Melbourne and Darwin.”
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The brokerage, said the release, will also have more than 100 staff and be responsible for the placement of over $180 million in gross written premium (GWP) and 30,000 clients.
Aviso Group CEO Craig Robson said the merger of the five businesses is an important step towards Aviso Group becoming one of Australia’s largest insurance brokers.
Aviso Broking will join Fitzpatrick & Co, Aviso WA, Aviso TAS, Acumen, Western and Grange Insurance Solutions as members of Aviso Group. The total GWP of Aviso is more than $400 million.
Aviso Broking and Aviso Group are backed by Envest. The news release said Envest, an insurance distribution business, will take an increased ownership in the merger and provide operational and financial support to support further growth and on-going innovation.
