Marsh has said it has reached agreement to acquire Honan Insurance Group Pty Ltd, which specialises in corporate risk, employee benefits, and strata and real estate insurance. The deal will bolster Marsh’s Asia-Pacific operations.

Honan operates across Australia, New Zealand, and Asia from its Melbourne headquarters, serving over 30,000 clients from offices in Sydney, Brisbane, Perth, Adelaide, Darwin, Newcastle, Auckland, Singapore, and Kuala Lumpur.

Nick Harris, CEO, Pacific at Marsh, said: “The addition of Honan’s highly complementary capabilities, particularly in corporate risk and strata insurance, will enable Marsh to deepen the specialist expertise we provide to clients across Australia and New Zealand, and support them in managing the risks they now face.

“We have the highest regard for the management and team at Honan and, together, we will provide a best in class suite of solutions to our clients.”

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