Resilium Partners expects to wheel out more acquisitions in the coming months, after closing deals for two authorised representative (AR) businesses and moving closer to sealing a third one.

The intermediary network announced last week it recently purchased Medical & General Risk Solutions and KSLR.

It also expects to complete shortly its purchase of Hayes Insurance via Brisbane-based Cornerstone Risk Group, which it acquired in the second-half of last year.

“These latest acquisitions significantly propel the Resilium Partners value proposition, giving us a significant footprint in Brisbane, the Gold Coast and Sydney,” Executive Director Adrian Kitchin told insuranceNEWS.com.au.

Last year the Ardonagh-backed business made a number of acquisitions, including Fassifern Insurance Services and Insurance Mentor.

UK-based Ardonagh secured a majority stake in Resilium Partners in February last year and four months later formed Ethos Broking Australia to pursue mergers and acquisitions here.

Resilium Partners has indicated it expects to announce more acquisitions after the Cornerstone Risk Group deal.

Following the latest investments, Mr Kitchin says Resilium Partners and Ethos Broking have a significant pipeline of acquisitions at various stages around Australia and expect to announce them over the next few months.

"Through Resilium Partners, we have been able to offer both brokers and authorised representative businesses a flexible way to achieve an optimum sale outcome,” Mr Kitchin said.

He says the “flexible approach” has played a great part in the success that Resilium Partners has achieved.

“We have partnered with business owners that want to stay in the business and to implement growth strategies, with our support,” Mr Kitchin said.

“Equally, for those business owners thinking about taking a step back, we are able to provide an alternative to consolidation, bringing their business into a growing and connected group.”