AUB has appointed John Mutton to head its Austbrokers Corporate business following a rebranding and overhaul of Sydney-based broking firm InterRISK.

Mr Mutton took over the management of AUB-owned InterRISK on an interim basis last November, when former MD Phil Kearns left the business. Further changes were flagged at that time.

In arrangements announced last week, InterRISK’s larger business clients will become part of Austbrokers Corporate from July, while the SME portfolio and other scheme businesses will be transferred into a joint venture run by MGA.

The joint venture will operate predominantly from MGA’s Sydney office, leveraging the Adelaide-based company’s processes and platforms. It will be led by Andrew Faber, who will join from Gallagher in July.

Mr Faber was an authorised representative of MGA before joining Gallagher in November 2014.

AUB CEO Mike Emmett says Austbrokers Corporate “will deliver improved skills and focus for our corporate clients, while the establishment of the joint venture between Austbrokers and MGA will deliver renewed energy and growth .

The InterRISK business currently includes corporates, SMEs, associations and industry groups. The firm’s website says it handles more than 7000 business policies each year.

MGA MD Paul George says InterRISK’s strength in trades provides a significant addition to his company’s operations.

“We already do quite of lot of business in the trades area and we are pleased to be able to add to that specialty,” he told insuranceNEWS.com.au.

MGA is partly owned by AUB Group and is a member of the Austbrokers network.