PSC Insurance Group
Envest is Australia's largest privately owned insurance and financial services distribution group, operating 11 broking businesses, 23+ underwriting agencies, and 250+ network brokers serving individual and business insurance buyers across Australia.
- Company typePrivate
- Founded2010
- HeadquartersMelbourne, Australia
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What PSC Insurance Group does
Envest (legal entity The Envest Group Pty Ltd, ABN 73 645 319 820) is the largest privately owned insurance and financial services distribution group in Australia. It operates a federated network of 11 broking businesses, 23+ retail and intermediated underwriting agencies, and 250+ network brokers, employing 2,500+ people. The platform spans three product pillars: Insurance Brokers (supporting brokers and Authorized Representatives to grow their books), Underwriting Agencies (designing bespoke products for niche customer needs), and Financial Planning & Other Interests (wealth management and financial planning services).
The group earns revenue primarily through commissions and fees earned on placing insurance coverage on behalf of individual and business customers, a transaction-fee model. Combined Gross Written Premium reached $4.2bn (AUD) in 2025. Distribution is delivered entirely through a multi-layer broker and agency channel, with no direct-to-consumer digital product disclosed; the company markets via its corporate website, LinkedIn presence, and industry/news coverage rather than paid acquisition. Underlying technology is not disclosed.
Since 2023 Envest has been wholly owned by The Ardonagh Group, the UK's largest privately-owned insurance distribution platform and a top 20 global broker, which operates 200+ locations across 30 territories, employs 11,000+ people, and places USD$18bn GWP annually. Envest functions as Ardonagh's Australian platform while preserving local brand autonomy across its constituent businesses.
PSC Insurance Group firmographics
Firmographics- Name
- PSC Insurance Group
- Legal name
- The Envest Group Pty Ltd
- Website
- https://pscinsurancegroup.com.au
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Envest is Australia's largest privately owned insurance and financial services distribution group, operating 11 broking businesses, 23+ underwriting agencies, and 250+ network brokers serving individual and business insurance buyers across Australia.
- Ownership category
- akta.pro rank
PSC Insurance Group industry classification
Industry- Product category
- Insurance Brokerage Services
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)
- SIC
- Insurance Agents, Brokers & Service (6411), Investment Advice (6282)
- akta.pro primary industry
- Individual Health Insurance Brokerage & Distribution (FSAIAEAL)
- akta.pro secondary industry
- Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where PSC Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Markets served
PSC Insurance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Insurance Distribution Services: Revenue generated through broking operations, underwriting agency partnerships, and retail/intermediated agency distribution. The group earns commissions and fees from placing insurance coverage for customers across its network of businesses.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
PSC Insurance Group product offering
Product offeringCore offering
PSC Insurance Group operates an insurance and financial services distribution platform that connects insurance buyers with appropriate coverage through a network of 11 broking businesses, 23+ retail and intermediated underwriting agencies, and 250+ network brokers across Australia. The group supports brokers and Authorised Representatives (ARs) to grow their businesses, develops underwriting agencies that respond to unique customer needs, and offers wealth management and financial planning services as part of its diversified distribution portfolio.
Product overview
Envest is a platform of 11 broking businesses and 23+ retail & intermediated underwriting agencies, united under The Ardonagh Group ownership since 2023. The network comprises Insurance Brokers (supporting brokers and ARs), Underwriting Agencies (growing agencies responding to customer needs), and Financial Planning & Other Interests (wealth management services). The group collectively handles $4.2bn GWP (Gross Written Premium) in 2025 across 250+ network brokers and 2,500+ employees, making it Australia's largest privately owned insurance and financial services distribution group.
Differentiator
Problem solved
Functional benefit
Brands
- Insurance Brokers: Supporting brokers and ARs to thrive
- Underwriting Agencies
- Financial Planning & Other Interests
Products and services
- Insurance Brokers
Companies that use PSC Insurance Group
Customer profileSegments1 record
Ideal customer profiles3 records
PSC Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PSC Insurance Group partnerships and signals
Strategic signalScale indicators7 records
Recent moves4 records
Expansion highlights5 records
PSC Insurance Group competitors and assessment
Company assessmentBroad incumbents
- Brown & Brown, Inc. Brown & Brown is a US-listed insurance broker built primarily through acquiring and retaining independent agency producers. Its decentralised, producer-led model is structurally similar to Envest's network of autonomous broker and AR businesses.
- Arthur J. Gallagher & Co. Gallagher is a global insurance broker and risk management services firm with an active Australian and Asia-Pacific footprint. Its acquisition-led growth in broking distribution parallels the roll-up strategy Envest employs under Ardonagh's ownership.
- Willis Towers Watson (WTW): WTW is a global insurance and reinsurance broker with operations in Australia. It overlaps with Envest in commercial and specialty risk placement, particularly for large and complex accounts.
- Aon plc: Aon is a global insurance broker and advisory firm with significant operations in Australia. It competes with Envest's broker network for mid-market and large commercial accounts and operates underwriting and risk solutions that overlap with Envest's portfolio.
- Marsh McLennan: Marsh is the world's largest insurance broker and risk adviser, with a substantial Australian presence across commercial and specialty lines. It represents the global incumbent broker alternative to Envest for large corporate and complex risk placements.
Direct peers
- AUB Group Limited: AUB Group is an ASX-listed Australian broker network built around wholly-owned and equity-partner broking businesses across Australia and New Zealand. Its structure of partnered regional brokers and underwriting agencies is closely comparable to Envest's operating model.
- Steadfast Group Limited: Steadfast is the largest general insurance broker network in Australia and New Zealand, operating a similar model of broker-aggregator and underwriting agency distribution. It is the closest publicly listed comparable to Envest's network-based insurance distribution business.
- Honan Insurance Group: Honan is a privately held Australian insurance broker and underwriting agency group serving commercial and specialty clients. It is comparable to Envest as a mid-sized, multi-line Australian insurance distributor competing in the same broker network space.
- PSC Insurance Group: PSC Insurance Group is an Australian specialty insurance broker and underwriting agency network with both Australian and international operations. Its mix of broking, underwriting agencies, and specialty distribution overlaps directly with Envest's three-pillar offering.
Others
- Insurance Australia Group (IAG): IAG is Australia's largest general insurer, distributing through brokers and direct channels including its own brands. While primarily a carrier rather than a broker, IAG is a critical distribution counterpart to Envest's broker and underwriting agency network in Australia.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
PSC Insurance Group social profiles
Digital presencePSC Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
PSC Insurance Group leadership team
Management profileNumber of profiles
PSC Insurance Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
PSC Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PSC Insurance Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PSC Insurance Group
What does PSC Insurance Group do?
PSC Insurance Group operates an insurance and financial services distribution platform that connects insurance buyers with appropriate coverage through a network of 11 broking businesses, 23+ retail and intermediated underwriting agencies, and 250+ network brokers across Australia. The group supports brokers and Authorised Representatives (ARs) to grow their businesses, develops underwriting agencies that respond to unique customer needs, and offers wealth management and financial planning services as part of its diversified distribution portfolio.
Is PSC Insurance Group a public or private company?
PSC Insurance Group is a private company. It is classified as corporate owned and is currently operating.
When was PSC Insurance Group founded?
PSC Insurance Group was founded in 2010. It employs 501 to 1,000 people.
Where is PSC Insurance Group based?
PSC Insurance Group is headquartered in Melbourne, Australia, in the Oceania region.
How does PSC Insurance Group make money?
One revenue line is on record: insurance Distribution Services.
Who are PSC Insurance Group's main competitors?
Broad incumbents on record are Brown & Brown, Inc., Arthur J. Gallagher & Co., Willis Towers Watson (WTW), Aon plc and Marsh McLennan. Direct peers are AUB Group Limited, Steadfast Group Limited, Honan Insurance Group and PSC Insurance Group. Insurance Australia Group (IAG) is listed as an others.
Does PSC Insurance Group have an API?
No public API is recorded for PSC Insurance Group.
What industry is PSC Insurance Group in?
PSC Insurance Group's product category is Insurance Brokerage Services. Its primary akta.pro industry code is FSAIAEAL, Individual Health Insurance Brokerage & Distribution, with a secondary code of FSAAACAI, Insurance-Integrated Wealth Managers (RIA + Insurance Solutions). Its NAICS code is 52421 and its SIC code is 6411.