Insurance House eyeing more regional opportunities after Bendigo acquisition
Insurance House eyeing more regional opportunities after Bendigo acquisition
17 November 2022
Insurance Brands Australia is on the lookout for more investment opportunities in regional Australia after acquiring Bendigo-based brokerage Aus Insurance Services.
The parent company of Insurance House acquired its former authorised partner last week for an undisclosed amount.
“We remain fully committed to Bendigo, and I am proud that we continue our legacy of supporting our clients and communities across regional Australia,” Insurance House Broking GM Scott Leis told insuranceNEWS.com.au.
“We’ve got our eyes on other opportunities there at the moment. It’s part of our ongoing strategy.”
He says Aus Insurance Services has an SME-dominated portfolio of clients in Bendigo, a regional city in the north-western region of Victoria.
“Strategically it’s an important investment for us. It adds to our business there, giving us some really good scale,” Mr Leis said.
Aus Insurance Services MD Jarrod Nelson is now an integral part of the Insurance House Bendigo Team, continuing to support existing and new clients in regional Victoria.
Insurance House says Aus Insurance clients will now be able to access a broader range of products, competitively negotiated premiums and innovative risk management solutions including workers’ compensation and life insurance.
They will also have access to a 24/7 emergency claims assistance hotline and specialist underwriting facilities as well as roadside assistance.