Aviso Broking will become part of PSC Insurance Brokers in a change that creates a business with $920 million gross written premium.

The expanded business, part of Envest Group, will service more than 50,000 clients and be led by PSC Insurance Brokers CEO Benjamin Goodall.

“With 30 branches nationwide [and] a combined team of 500-plus staff, we will be able to offer a standardised service, and trusted brand across Australia,” Mr Goodall said.

“Both of these brokerages are striving for excellence in the SME sector, so it makes sense to bring them together under one banner.”

Aviso Broking will rebrand to PSC Insurance Brokers in the second half of this year and will continue to service customers under its existing financial services licence. Aviso Broking and PSC staff will co-locate where possible, with office moves in Sydney already complete.

Key appointments in the combined business include Katherine Oxnard as regional executive north, Paul McLean as regional executive mid, Karl Truijens as regional executive south, Caroline Jackman as regional executive west, Luke Eagle as head of sales, Chris Nitchov as head of corporate and specialty, and Mark Johnston as head of claims.

The leadership roles of Darren Fenech as COO, William O’Brien as regional manager for NZ, and Kirsty Roster as CEO for WorkCover and SafeX will be unchanged.

UK-based Ardonagh last year completed the $2.3 billion acquisition of PSC Insurance Group, adding to its existing Australian and New Zealand Envest business.

Aviso Broking has been the only business out of 11 within the Aviso Group that is 100% owned by Envest, which is operating a three-pillar approach to the broking market.

The pillars are the 100%-owned PSC Insurance Brokers; Envest Networks, an authorised representative business trading as Resilium and PSC Network Partners; and Aviso Group, which continues as a network of 10 broking businesses under an owner-driver model.