Insurance has announced the purchase of global risk and emergency management group, Dynamiq
A leading provider of on-site medical, security and emergency response solutions for both SMEs and large, multinational businesses around the world and locally, Dynamiq
offers an around-the-clock global emergency support system to travel insurance providers.
Founded in 2005 by former Australian Special Forces Commander, Anthony Moorhouse
, the business has over 180 staff with offices in Australia, Asia and the Americas.
chief executive of commercial insurance, believes that the Dynamiq
acquisition is in line with CGU
’s strategy to enhance its services alongside its insurance products and is excited to introduce Dynamiq
is a great company, providing vital business support services, and we are excited to be able to offer these services to all of CGU
’s partners and customers,” Bessell said.
“We see enormous opportunity to grow Dynamiq
’s business and believe our partners and customers will value the additional capability we can now provide.”
will join IAG
commercial agencies business, under EGM Phuong Ly, it was also announced.
Ly believes that the recently purchased company offers great potential as it already has a network of more than 75,000 medical, security and evacuation providers with Australia’s largest database of medical, security and emergency response personnel.
“We understand this business well and have great respect for the Dynamiq
management team,” he said.
“We now have an enormous opportunity to grow Dynamiq
substantially and I look forward to working with them to deliver on this potential.”