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Leading global insurance brokerage, risk management and consulting firm, Gallagher has acquired insurance brokerage firm, Mavco Insurance Group (Mavco), strengthening Gallagher's corporate presence. In joining Gallagher, Mavco will use the Gallagher brand to offer clients a range of benefits, including access to the Gallagher international network.
Founded in 2016, Mavco is a successful and well-respected business, with a solid record of growth on the back of consistent and dedicated client service. With a focus on construction, health, engineering, mining and financial services, Mavco enhances and aligns with Gallagher's established specialist insurance expertise.
In announcing the acquisition, Sarah Lyons, Gallagher Australia Chief Executive said: "Gallagher is thrilled to welcome Executives Jonathan Winter, Rodney Aylmore, Daniel Waters and Stephen Hughes, and the whole Mavco team to Gallagher. I know they are all very keen to bring their expertise to our business, and to offer their clients the full range of Gallagher's international capabilities.
"I was impressed with the Mavco team's client focus. This lines up well with our approach at Gallagher. By joining forces, we'll have an even more compelling proposition for businesses and organisations operating across Australia and internationally with Mavco bringing decades of industry knowledge and client relationships. Gallagher has a solid track record of growth through winning new clients, retaining existing clients and acquiring brokerage firms. We are pleased to continue investing in the Australian market as part of Gallagher's ongoing global growth story," Lyons said.
Jonathan Winter, Co-Founder and Director of Mavco, said: "We are proud to join Gallagher and merge our collective experience and skills with the team. I would especially like to express thanks to our clients and dedicated team members. I firmly believe this merger is both great news for the businesses we serve and excellent for employees, who can access exciting new career and development opportunities as part of a global organisation. We look forward to becoming part of the Gallagher team and continuing to provide quality service to our growing client base."
All Mavco employees will join their Gallagher colleagues at Gallagher's Perth and Adelaide offices.
This acquisition is the tenth merger completed by Gallagher Australia over the past 12 months and is in keeping with Gallagher's ongoing expansion strategy.
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