Ausure Insurance Brokers has recently purchased AFM Insurance Brokers Pty Ltd. As part of the company’s rapid growth over the past three years, this new deal will increase Ausure’s reach from 90 to more than 150 offices across all states of Australia.
AFM is one of the largest specialist wholesale Insurance brokers in Australia and is a service provider to over 65 businesses with a turnover in excess of $50 million. Scott McCarthy, CEO of AFM for 14 years, is excited by the developments.
“AFM has been an extremely successful business and recently celebrated its 15th birthday, “ comments Mr McCarthy.
“The business has been very much specialised in the past and we may not have been able to take on some of the opportunities that I thought we should be able to. However, as a part of the dynamic Ausure Group we will now have the support and resources to build on the already strong foundations to create a value proposition for our clients that will really stand out in the market.”
Ausure Managing Director Troy Brown says, “We were fortunate to find and purchase a business that is a great complement to our own. The AFM business provides a different suite of services to what Ausure currently provides. By leveraging the strengths of each business we believe, over time, we can offer all our Authorised Representatives more services for better value.”
AFM and Ausure will run as ‘business as usual’ in the immediate future, with only back office processes to be rationalised.
About Ausure Insurance Brokers:
Ausure is a full service insurance broker with access to all major markets including specialist agencies.
Each Ausure branch is independently owned and managed by an insurance professional who is an Authorised Representative (AR) of the Ausure Group. All Ausure offices are backed by the strength, knowledge, support and licence of the Ausure network. Ausure’s head office is based in Cardiff, New South Wales. See www.ausure.com.au.
For further information, please contact Ausure Managing Director Troy Brown on phone 0403 859 679 or email troy.brown@ausure.com.au.