Gallagher Australia has strengthened its corporate presence with the acquisition of brokerage Mavco Insurance Group.

Mavco has a focus on construction, health, engineering, mining and financial services, enhancing and aligning with Gallagher’s established specialist insurance expertise, the company said today.

“By joining forces, we’ll have an even more compelling proposition for businesses and organisations operating across Australia and internationally with Mavco bringing decades of industry knowledge and client relationships,” Gallagher Australia CEO Sarah Lyons said.

“Gallagher has a solid track record of growth through winning new clients, retaining existing clients and acquiring brokerage firms. We are pleased to continue investing in the Australian market as part of Gallagher’s ongoing global growth story.”

Mavco, which has operated from offices in Perth and Adelaide, becomes the tenth brokerage to join Gallagher in Australia over the past 12 months.

The employees will move into Gallagher’s Perth and Adelaide offices and the business will use the Gallagher brand.

“I firmly believe this merger is both great news for the businesses we serve and excellent for employees, who can access exciting new career and development opportunities as part of a global organisation,” Mavco Co-Founder and Director Jonathan Winter said.

“We look forward to becoming part of the Gallagher team and continuing to provide quality service to our growing client base.”

Ms Lyons says she was impressed by Mavco’s client focus and Gallagher is thrilled to welcome executives Mr Winter, Rodney Aylmore, Daniel Waters and Stephen Hughes, and the whole Mavco team.