Breaking News: National brokerage announces latest acquisition

Breaking News: National brokerage announces latest acquisition | Insurance Business

Breaking News: National brokerage announces latest acquisition
Insurance House has announced its latest acquisition as the country-wide brokerage looks to strengthen its position in the Australian market.

The brokers announced the acquisition of Brisbane-based Assurity today, with settlement occurring on December 18 2015.

Insurance House managing director Jay Fereday said that the “acquisition will give Insurance House’s Brisbane operations considerably larger scale, bringing more opportunities for clients and staff.”

The current Assurity team will integrate into the existing Insurance House Brisbane office as owner/directors of the company, Mark Fewings and Peter Roberts will remain with Insurance House.

“Becoming part of a national organisation delivers significant benefits to Assurity’s clients,” Fereday continued.

“They will enjoy access to a 24 hour emergency claims assistance line and a number of national programs including roadside assistance and discounts on NIB Health Insurance.”

Fereday stressed that the varied clients of Assurity, formerly known as John Bourke Insurance Broker, will reap benefits from the acquisition and the increased scope of knowledge Insurance House offers.

“Corporate clients will benefit from the broader range of services and advice, including access to workers compensation specialists, risk management and business continuity consultants.

“Insurance House also has a Life Insurance division which provides clients confidential and obligation free health checks across the areas Life & Income Protection,” Fereday said.