Honan Insurance Group acquires Australian broker

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.