Macquarie Capital Principal Finance acquires 15% stake in Envest, whose aggressive growth strategy has seen it acquire 27 businesses in 2023.
Gallagher has acquired Victoria-based broker which specialises in servicing sectors including rural an farm, hospitality, transport, and trades.
Private equity firms are the biggest users of the insurance but it’s becoming more popular with corporates.
Dimitrijevic joins after 17 years at Swiss Re, where he was most recently their Head of P&C Business Management for APAC.
Murphy will lead the firm's digital strategy and oversee development of io.insure, an online specialist M&A and SME insurance marketplace, .
OCBC subsidiary Great Eastern Holdings is set to acquire 100% of both businesses.
Despite subdued M&A activity, the number of insurers underwriting transactions in Asia has doubled the past year.