Wymark Insurance Brokers (Wymark) has joined the Aviso Group after Envest acquired a majority stake in the company.
Aviso Group is a national partnership of client-focused insurance brokers founded by Envest and six private insurance brokers.
Envest acquired a majority share in Wymark on July 01, 2021 – giving the business automatic entry into the Aviso Group. The acquisition of a majority stake made Wymark the 12th business to join Aviso Group – which now combines 20 offices nationally, over 220 employees, 17 principals, and $375 million in gross written premium (GWP).
Aviso Group chief executive officer Craig Robson said Wymark has been in business for over 30 years – building relationships across various industries, with offices on Gold Coast, Melbourne, Newcastle, and Wollongong.
“Wymark is a natural fit for our growing network, and likewise, Aviso Group offers the business opportunities to mature and continue to provide the highest level of customer advice and service standards on an Australia wide basis,” Robson said in a statement.
“Wymark has a fantastic reputation as a general insurance broker and has for many years provided niche products and schemes for various industries that will contribute to the broader group.”
Read more: Aviso Group merges brokers Allsafe and QSure
Phil Sholl and Craig Wardle, who previously led Wymark, will continue to play a leading role in the business and the broader Envest business in the future.
Envest managing director Greg Mullins commented: “We're thrilled to have Wymark join Aviso Group and feel privileged Phil and Craig have entrusted us with the successful business they have built as we continue to grow it into the future.”
Wardle added: “It's an exciting time for both Wymark and Aviso. We're looking forward to growing together and leveraging the opportunities afforded by the size and strength of the group.”
Aviso Group is composed of the following insurance brokers: Aviso WA Insurance Brokers, Fitzpatrick & Co Insurance Brokers (VIC), Aviso EIA Insurance Brokers (QLD/NSW), Acumen Insurance Brokers (NSW), Aviso TAS Insurance Brokers (TAS), Allsafe Insurance Brokers (QLD), Western Insurance Brokers (VIC), Aviso Allpoints Insurance & Risk Advisory (NSW), Sutton Insurance Brokers (NSW), and now Wymark Insurance Brokers.
