Skip to main content

Press release

Marsh acquires Austral Risk Services

Perth, 2 May, 2023 – Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, today announced the acquisition of Austral Risk Services, one of Western Australia’s most accomplished brokers. Terms of the acquisition were not disclosed.

Founded in 1990, Stirling-based Austral Risk Services has an established footprint in the WA small and medium-sized business (SME) segment and provides risk advice and business insurance solutions for clients in the labour hire, mining services, transport, manufacturing, agribusiness, retail, and professional services sectors. Its Transport Insurance Consultants business supports the small charter vehicle industry, and serves more than half of Perth’s taxi and limousine market. All of Austral Risk Services’ employees have now joined Marsh.

Commenting on the acquisition, Nick Harris, Chief Executive Officer, Pacific, Marsh, said: “The addition of Austral Risk Services signals Marsh’s ambitious growth plans in WA. The firm’s strong client-centric values, which mirror those of Marsh, mean that our combined team will be able to provide even greater support to businesses in WA as they build their resilience to both regional and global challenges.”

Steve Halbert, Managing Director, Austral Risk Services, added: “By joining Marsh, our clients have even more access to world-leading innovative resources and solutions, delivered locally in WA, while our colleagues will benefit in many ways including from new training and development opportunities. I am excited to build on our shared commitment to serving clients, finding innovative solutions to the challenges they face, and delivering on our promises in a complex global risk environment.”

About Marsh

Marsh is the world’s leading insurance broker and risk advisor. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit, and follow us on LinkedIn and X.

Media contact

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”