Major Insurance Services Pty Ltd

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Major Insurance Services Pty Ltd - overview

Location

Bunbury, WA, Australia

Primary Industry

Insurance

About

Major Insurance Services Pty Ltd is an insurance provider based in Bunbury, Australia, offering diverse risk management solutions across various sectors, including health, property, and business insurance. Major Insurance Services Pty Ltd specializes in delivering tailored insurance solutions to both individuals and businesses. The company was acquired by Howden M&A in February 2025, which is expected to enhance its presence across Western Australia. Bunbury is the primary location for its operations.


Major Insurance offers a comprehensive range of insurance products that cater to various sectors, including health, property, and business insurance. Their core offerings provide robust risk management solutions for individuals and enterprises facing diverse challenges. The company's health insurance products target individuals seeking comprehensive coverage for medical expenses, while their property insurance protects homeowners and businesses against potential losses from damage or theft. Additionally, Major Insurance specializes in business insurance, which helps companies safeguard their assets and operations from unforeseen events.


The products are marketed in various international markets, including Asia-Pacific and Europe, ensuring a wide-reaching client base that includes both direct consumers and corporate entities. Revenue generation for Major Insurance is primarily structured around a subscription model, where clients pay regular premiums in exchange for insurance coverage. The company engages in direct-to-consumer transactions, alongside B2B partnerships with various corporate clients who require tailored insurance solutions. Individual customers may subscribe to health insurance plans that encompass a range of medical services, while businesses may opt for comprehensive packages that include property and liability insurance.


Major Insurance’s flagship offerings are aligned with industry standards, reflecting competitive pricing strategies aimed at attracting a diverse clientele. Transactions are processed through a straightforward system where clients receive policy documents and support services upon payment, ensuring clarity and satisfaction throughout the customer experience. Following its acquisition by Howden M&A in February 2025, Major Insurance intends to leverage this opportunity to expand its operations throughout Western Australia. The acquisition is expected to facilitate the introduction of new insurance products, although specific details and release dates have yet to be announced.


In addition, the company is actively exploring further expansion into additional Australian markets, aiming for implementation by 2026. The financial backing from this acquisition will support these growth initiatives.


Current Investors

Howden Group Holdings

Primary Industry

Insurance

Sub Industries

Personal Insurance, Health Insurance, Commercial Insurance, Claims Administration & Processing

Website

www.majorinsurance.com.au/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Major Insurance Services Pty Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedMajor Insurance Services Pty Ltd-

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