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Honan Insurance Group acquires Australian broker

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Australia-based broker Honan Insurance Group Pty. Ltd. has acquired Australia's Ardrossan Insurance Brokers Pty Ltd. for an undisclosed sum, Verdict reported. As part of the agreement, Nick Harvey, co-founder and managing director at Ardrossan, will continue to lead the firm. Ardrossan serves various industries, including property, hospitality, manufacturing, construction, and retail.

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