Ardonagh Group completes acquisition of Australian insurer Envest for €312m

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Ardonagh Group completes acquisition of Australian insurer Envest for €312m
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Envest is an insurance investment and distribution group with a diverse portfolio of businesses and a national footprint

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The businesses acquired as part of Envest Group include a national network of insurance brokers operating under the Aviso brand, three direct to consumer insurance brands and eight intermediated agencies.

Envest managing director Greg Mullins will continue to lead the group, operating as part of Ardonagh Global Partners. Adrian Kitchin, chief executive at Ethos Broking Australia, and executive director of Resilium will become part of the executive team within Envest. Paul Lynam will continue in his role as non-executive chairman of Australian operations.

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