Envest unveils new leadership following PSC merger

Business structured around three key divisions

Envest unveils new leadership following PSC merger

Insurance News

By Roxanne Libatique

At the Envest Broking Conference held in Canberra, The Envest Group (Envest) CEO Greg Mullins (pictured) provided details on the company’s strategy following its merger with PSC Insurance Group (PSC).

The conference brought together team members from Australia and New Zealand, marking a significant step in integrating the two entities.

Envest and PSC merger

The Ardonagh Group (Ardonagh) recently completed its acquisition of PSC following the approval of the Federal Court of Australia on Oct. 1. The deal, originally announced in May 2024, consolidates PSC’s operations in Australia and New Zealand with Envest, Ardonagh’s Asia-Pacific platform.

Mullins said the combined operation, which includes PSC, now represents a significant independent player in the insurance sector across the region.

The business will be structured around three key divisions:

  • Networks;
  • Broking;
  • and Agencies.

Leadership changes following Envest and PSC merger

Several leadership changes were also announced.

PSC managing director Tony Robinson will transition to a non-executive director role on Envest’s board, and PSC chairman Paul Dwyer will join Ardonagh’s senior leadership team.

Additionally, PSC Insurance Brokers CEO Ben Goodall and general counsel Julia Mitchell will join Envest’s executive team. Goodall will work alongside Aviso Group CEO Travis Kemp in the broking division, while Mitchell will work with Envest’s chief risk officer Simon Gray on compliance and risk management matters.

Craig Robson has been appointed CEO of Envest Networks, which will include Resilium and PSC Network Partners.

Tony Walker will remain as chairman of PSC Networks and continue leading PSC’s network operations, including Connect and Reliance Partners, along with overseeing PSC’s New Zealand businesses.

The PSC underwriting agencies – Chase Underwriting, Breeze Underwriting, Medisure, Insure4less, GoSafe, and Travel Insuranz – will continue under the direction of PSC Specialty CEO Adam Burgess. These businesses will operate alongside Envest’s existing managing general agents (MGAs), led by Agency CEO Richard Heilig.

Mullins welcomed the addition of PSC’s leadership team, stating that their experience would help shape the future direction of the combined business.

“We look forward to the experience and insight these PSC leaders will bring to our senior management as we start a new chapter together,” he said.

PSC Australia and New Zealand CEO steps down from role

Mullins also acknowledged the departure of David Hosking, CEO of PSC’s Australia and New Zealand division, who will leave the group at the end of October.

He thanked Hosking for his contributions during a period of substantial growth for PSC, which has almost doubled in size since he joined in 2021.

The conference, which included representation from PSC leadership, marked the first joint meeting of Envest’s broking brands Resilium and Aviso.

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