International Insurance Brokers provides retail insurance brokerage services in Australia, with a particular focus on property coverage for non-profit organisations, adding specialist capability to AJG's local operations.
This follows the acquisition last year of the Steadfast Re broking business by Gallagher Reinsurance Australia Limited, AJG's reinsurance subsidiary. MinterEllison also advised Gallagher on that transaction.
AJG is one of the world's largest insurance brokerage and risk management services companies, with a market capitalisation of approximately AU$80 billion.
Michael Scarf, Partner, M&A and Capital Markets, who led the MinterEllison team advising on the transaction, said "We are delighted to assist AJG with its continued investment in Australia."
The MinterEllison team advising on the transaction was led by Michael Scarf (Partner) and Nabihah Khan (Senior Associate).
