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BMS acquires Austbrokers Coast to Coast to spice up Australian presence

Unbiased specialist insurance coverage and reinsurance dealer, BMS has obtained Austbrokers Coast to Coast (C2C), the specialist Australian company, trade, and retail dealer.

bms-group-logoPhrases of the transaction have now not been disclosed.

Based in 1982, C2C is based totally in Burleigh Heads at the Gold Coast in Queensland. The company specialises in delivery, building, hazardous items, and SME retail.

In a press unlock, it notes that BMS can be obtaining C2C in complete, with workforce and infrastructure moving into BMS’ current Australian trade.

Moreover, C2C main Dale Hansen, who’s a number one determine within the Nationwide Insurance coverage Agents Affiliation (NIBA), has labored with the trade for greater than 16 years.

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Addressing the purchase, Hansen mentioned: “This partnership with BMS can be extremely advisable for C2C and its purchasers. I’m extraordinarily happy with the gifted workforce we’ve got constructed at C2C, who’ve been instrumental in getting us to the place we’re these days.”

Andrew Godden, Leader Government of BMS’ Australian trade, commented: “The purchase of Austbrokers Coast to Coast represents a vital step within the enlargement of BMS in Australia, and this newest acquisition additional complements our place out there. C2C is a multi award profitable trade with an excellent recognition, notable experience and robust enlargement trajectory and can be a perfect asset to BMS’ Australian providing. It’s unbelievable so that you can gain an organization like C2C which is very invested in supporting its folks. I very a lot look ahead to operating with Dale and the workforce.”

In December 2022, BMS signed a deal to obtain Spanish uniqueness insurance coverage dealer Eisenar in a transfer that can additional bolster the corporate’s Iberian regional enlargement.

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