PSC Insurance Group Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/psc-insurance-group/ Mon, 03 Nov 2025 03:17:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 PSC Insurance Brokers expands network with Broking Advisors acquisition https://insuranceasianews.com/psc-insurance-brokers-expands-network-with-broking-advisors-acquisition/ Mon, 03 Nov 2025 03:10:05 +0000 https://insuranceasianews.com/?p=203383 Gwenda Jones, senior advisor for Broking Advisors, will join the PSC NZ team and work with the Waikato branch.

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PSC Insurance Brokers NZ has acquired Tauranga-based Broking Advisors, according to a press release from PSC's parent company, The Envest Group.

As part of the transition, Gwenda Jones, senior adv...

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]]> Envest targets New Zealand expansion, winds up PSC Connect network offering https://insuranceasianews.com/envest-targets-new-zealand-expansion-winds-up-psc-connect-network-offering/ Thu, 17 Jul 2025 04:55:06 +0000 https://insuranceasianews.com/?p=195435 Envest Group says it will focus on building its branch network under the PSC Insurance Broking banner after the 'difficult decision' was made to wrap up the PSC Connect network after 13 years.

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The Envest Group said it would actively pursue further expansion of its equity-owned broking footprint in New Zealand by winding up its PSC Connect network offering and focusing on building its branch...

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]]> Ardonagh strengthens Asia footprint with majority stake in Hong Kong-based Apex https://insuranceasianews.com/ardonagh-strengthens-asia-footprint-with-majority-stake-in-hong-kong-based-apex/ Thu, 03 Jul 2025 06:30:37 +0000 https://insuranceasianews.com/?p=194390 Move for the provider of insurance broking and insurance agency services strengthens Ardonagh’s footprint in the region.

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The Ardonagh Group, one of the world’s largest independent insurance distribution platforms, has acquired a majority stake in Apex Insurance in Hong Kong, according to a press release.
Founded in 1988...

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]]> PSC expands in New Zealand with Sepio acquisition https://insuranceasianews.com/psc-expands-in-new-zealand-with-sepio-acquisition/ Mon, 14 Apr 2025 09:36:35 +0000 https://insuranceasianews.com/?p=181106 Envest, which owns PSC, has several additional deals in the pipeline across New Zealand.

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The Envest Group-owned PSC Insurance Brokers is growing its footprint in New Zealand with the acquisition of Sepio Insurance, the company said in a press release.
Sepio, which is based in Pukekohe, ne...

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]]> Envest to merge Aviso Broking into PSC Insurance Brokers https://insuranceasianews.com/australias-aviso-broking-merges-with-psc-insurance-brokers/ Mon, 17 Feb 2025 10:46:36 +0000 https://insuranceasianews.com/?p=176471 The newly expanded business, to be led by Benjamin Goodall, will service more than 50,000 clients and place US$584m GWP under the PSC Insurance Brokers brand.

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Australian broking group Envest, a part of The Ardonagh Group, has announced that it will merge Aviso Broking into PSC Insurance Brokers, which it acquired last year.
PSC CEO Benjamin Goodall will le...

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]]> Envest unveils leadership rejig following completion of PSC deal https://insuranceasianews.com/envest-unveils-leadership-rejig-following-completion-of-psc-deal/ Tue, 15 Oct 2024 07:00:23 +0000 https://insuranceasianews.com/?p=164814 The restructure will see PSC's ANZ chief executive David Hosking leave the combined group at the end of this month.

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The Ardonagh Group-owned Envest has announced senior management changes following the completion of PSC Insurance Group.
Envest CEO Greg Mullins discussing the plan for the combined PSC-Envest insuran...

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]]> PSC shares delist from ASX as Ardonagh’s US$1.5bn takeover becomes effective https://insuranceasianews.com/psc-shares-delist-from-asx-as-ardonaghs-us1-5bn-takeover-becomes-effective/ Wed, 02 Oct 2024 09:29:53 +0000 https://insuranceasianews.com/?p=163990 The completion of the takeover by the UK broking group now wraps up PSC Insurance's nine years of trading and quotation on the Australian Securities Exchange.

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PSC Insurance says trading of its shares on the ASX will be suspended from the close of trading day on October 2, as the takeover bid launched by UK broking group Ardonagh has become effective after t...

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]]> PSC shareholders approve Ardonagh’s US$1.5bn takeover https://insuranceasianews.com/psc-shareholders-approve-ardonaghs-us1-5bn-takeover/ Thu, 26 Sep 2024 07:42:25 +0000 https://insuranceasianews.com/?p=163592 The broker merger in Australia is now pending final approval by the court, which is slated for October 1.

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UK broking group Ardonagh is a step closer to completing its AU$2.3 billion (US$1.5 billion) acquisition of Australian broking group PSC, after receiving  approval from 99% of the direct and proxy vot...

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]]> Australian, UK regulators greenlight Ardonagh’s takeover bid for PSC https://insuranceasianews.com/australian-uk-regulators-greenlight-ardonaghs-takeover-bid-for-psc/ Thu, 19 Sep 2024 05:01:57 +0000 https://insuranceasianews.com/?p=163024 The US$1.5bn scheme of arrangement to buy all the shares of the Australian broking group is now pending PSC's shareholders' and the court's approvals.

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UK broking group Ardonagh’s AU$2.3 billion (US$1.5 billion) acquisition of Australian broking group PSC has won the approvals from all relevant regulators in both countries, including a “no objection”...

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]]> PSC Insurance FY2024 revenue up 15.5% on UK business growth https://insuranceasianews.com/psc-insurance-fy2024-revenues-grows-15-5-driven-by-uk-business-growth/ Fri, 23 Aug 2024 05:25:32 +0000 https://insuranceasianews.com/?p=161139 The ASX-listed broking group said it expects to complete its US$1.5bn sale to The Ardonagh Group by October 11.

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PSC Insurance Group reported a 15.5% year-on-year revenue growth for the full year ended June 2024 (FY2024), and a 14.7% EBITDA growth, driven by strong growth in its UK business.
The Australian broke...

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