BMS unveils ‘significant’ deal for expansion in Australian market

Specialist re/insurance broker  BMS has acquired a corporate, business, and retail broker in Queensland, representing a “significant step” in its ongoing expansion within the Australian market.

Austbrokers Coast to Coast (C2C) specialises in transport, construction, hazardous goods, and SME retail. It is based in Burleigh Heads on the Gold Coast in Queensland.

BMS will be acquiring C2C in full, with staff and infrastructure transferring into BMS’ existing Australian business. C2C principal Dale Hansen, a known figure in the National Insurance Brokers Association (NIBA), has worked with the business for more than 16 years.

The transaction aligns with BMS’ ongoing expansion within the Australian market.

Andrew Godden, chief executive of BMS’ Australian business, said: “The acquisition of Austbrokers Coast to Coast represents a significant step in the expansion of BMS in Australia, and this latest acquisition further enhances our position in the market. C2C is a multi award winning business with an impressive reputation, notable expertise and strong growth trajectory and will be a great asset to BMS’ Australian offering. It is fantastic to be able to acquire a company like C2C which is highly invested in supporting its people. I very much look forward to working with Dale and the team.”

Hansen added: “This partnership with BMS will be highly beneficial for C2C and its clients. I’m extremely proud of the talented team we have built at C2C, who have been instrumental in getting us to where we are today.”

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