Australian insurance brokers News

Insurance broker Arthur J. Gallagher & Co. said it has acquired Mutual Brokers Pty Ltd., a Canberra, Australian Capital Territory (ACT)-based Terms of the transaction were not disclosed. Founded in 1985, Mutual Brokers is an independent broker serving a broad …

Steadfast Group Ltd., Australia’s largest network of insurance brokers, plans to raise as much as A$562.8 million ($515 million) in the country’s biggest initial public offering since 2010. The Sydney-based company plans to sell as many as 469 million shares …