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SRG Corporate joins Austbrokers stable

Insurance broking network Austbrokers has announced the purchase of a 50% shareholding in Perth-based insurance broker SRG Corporate.

Austbrokers CFO Steve Rouvray told insuranceNEWS.com.au SRG Corporate has strong marketing and growth strategies.

“It’s a youthful and energetic company with considerable potential for future growth,” he said.

Established only four years ago, the fast-growing company has experienced double-digit growth rates for the past three years, having recently expanded its operations to include the Gold Coast alongside existing offices in Perth.

Austbrokers will provide administration support and strategic management.

SRG Corporate MD Rod Fitzgerald will continue as a shareholder and lead the growth strategy of the business with Steve Gillespe continuing as director and consultant.    

The acquisition brings the number of Austbrokers businesses in Western Australia to four and takes Austbrokers’ nationwide membership to 39 firms.