Austbrokers announces series of changes

Austbrokers announces series of changes | Insurance Business

Austbrokers announces series of changes

The changes are coming thick and fast at Austbrokers.

Beginning in July, broking business InterRISK is set to rebrand as Austbrokers Corporate as part of a dedicated focus both on existing corporate clients and on winning new clients. With this change comes the arrival of a new CEO for Austbrokers Corporate in the form of John Mutton.

The changes do not end there, however. In addition, the InterRISK portfolio of SME and other scheme business will now be transferred into a joint venture between Austbrokers and MGA, which will be run by Andrew Faber – he is set to switch from Arthur J Gallagher in July, and is known for holding senior roles at the likes of Vero. He will be accompanied by Bernard Tuaimau, who brings more than 10 years of experience at MGA. The new venture will operate from the existing MGA Sydney office in Artarmon.

CEO of AUB Group Mike Emmett explained that the rebranding, as well as the new joint venture, are indicative of a strategy to improve its focus on specialty portfolios.

“The newly formed Austbrokers Corporate will deliver improved skills and focus for our corporate clients while the establishment of the joint venture between Austbrokers and MGA will deliver renewed energy and growth opportunities under the leadership of Andrew and Bernard,” he said. “I’m equally pleased with the appointment of John to the role of CEO, Austbrokers Corporate, following his strong contribution since being appointed as interim CEO of InterRISK late last year.”