Austbrokers has acquired a shareholding in two more companies. CEO Lach McKeough said the new deals “demonstrate the opportunity for businesses to partner with us in the various options that Austbrokers offer”.

John Smith Insurance Brokers in Melbourne – which will now be known as John Smith Financial Services – has joined the network, as Law Williams & Co, a life/superannuation business formed as a joint venture between Austbroker members JMD Ross Insurance Brokers and Bruce Ritchie and Partners, and former ING executive Michael Egan.

McKillops Insurance Brokers in Launceston has joined as an associate member.

Mr McKeough said the new members will complement Austbrokers integrated financial services strategy.