Envest Group seals majority stake in Macey Insurance Brokers
Envest Group seals majority stake in Macey Insurance Brokers | Insurance Business Australia
Insurance News
Envest Group seals majority stake in Macey Insurance Brokers
Deal enables firm to stay local while leveraging resources of group’s network
Insurance News
By
Roxanne Libatique
Macey Insurance Brokers, a regional brokerage in New South Wales, has become a partner within the Aviso Group following Envest Group’s acquisition of a majority stake in the business.
The brokerage serves over 3,500 business clients in regions including Shoalhaven, Southern Highlands, Macarthur, and Illawarra.
Envest Group acquires majority stake in Macey Insurance Brokers
Macey directors Brendan Goddard and Donna Dykstra stated that the move would enable the brokerage to maintain its focus as a specialised local broker while benefiting from the resources of a larger network.
Goddard said the partnership aligns with the brokerage’s commitment to prioritising its customers and team.
“We are very excited to be joining the Envest Group to help us achieve our growth ambitions and provide us with personalised support,” he said.
Dykstra added that the partnership would help ensure the longevity of Macey’s service to its customers.
“We are excited by the future vision of Envest and the opportunities this will provide for our business moving forward,” she said.
Envest Group’s expansion efforts
Envest CEO Greg Mullins said that the agreement with Macey comes at a strategic time for the group’s expansion efforts.
“We continue to invest in and partner with like-minded people who share our group aspirations,” he said. “Macey has a strong brand and presence in their local market and are already well known to our Aviso Group – complementing the already extensive network of partners throughout Australia and now in the South Coast and Southern NSW region.”
Aviso Specialty launches in Australia
The acquisition of a majority stake in Macey follows the launch of Aviso Specialty in Australia, consolidating Fitzpatrick Insurance Brokers, Arete Risk Solutions, and Amicus into one brand.
Aviso Specialty CEO Travis Kemp said the merger has focused on maintaining customer service and staff retention during the integration.
“There has been a lot of work behind the scenes to get us to this point, and we want to thank everyone for their support and loyalty,” he said.
Barry Fitzpatrick, founder of Fitzpatrick & Co and now chairman of Aviso Specialty, described the merger as a blend of local broking expertise with broader risk advisory services.
“When we founded Aviso Group with Envest, we always envisioned a local broker service with global reach and clout,” he said.
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