Insurance for Strata :: News
SHARE

Share this news item!

Grace Insurance Strengthens National Presence with Add Insure Darwin Acquisition

Strategic Expansion into the Northern Territory and Strata Insurance Market

Grace Insurance Strengthens National Presence with Add Insure Darwin Acquisition?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Grace Insurance has announced the acquisition of Add Insure, a well-established brokerage based in Darwin, Northern Territory.
This strategic move, set to finalise on 20 April 2026, marks a significant milestone in Grace Insurance's national expansion strategy and its entry into the strata insurance market.

The acquisition will see all Add Insure staff transition to Grace Insurance NT, ensuring the retention of local expertise and client relationships. Frans du Plessis, Managing Director of Grace Insurance, emphasised the importance of this move, stating that Darwin's unique market presents specific insurance needs, and the Add Insure team brings invaluable local knowledge that aligns perfectly with Grace Insurance's service philosophy.

Jayde Mulholland, CEO of Add Insure, expressed optimism about the transition, highlighting that clients will benefit from Grace Insurance's national resources while maintaining the trusted local relationships they've built over the years.

This expansion is part of Grace Insurance's broader strategy to establish a national presence. With existing offices in Perth, Sydney, Melbourne, and a recently opened office in Maroochydore, Queensland, the addition of the Darwin office further solidifies the company's commitment to serving clients across Australia.

Following the acquisition, Grace Insurance plans to launch a dedicated Strata team, marking its entry into the growing strata insurance market. This move reflects the increasing demand for specialist strata insurance advice and positions Grace Insurance to serve residential and commercial strata schemes nationwide.

Grace Insurance's growth trajectory underscores its client-first approach and strategic market positioning. By understanding the unique challenges facing small and medium-sized businesses across Australia, the company has built a reputation for delivering tailored insurance solutions and personalised service, driving strong client retention and referral growth.

As the insurance landscape continues to evolve, Grace Insurance's expansion into new markets and sectors demonstrates its commitment to meeting the diverse needs of clients and reinforcing its position as a leading Australian insurance brokerage.

Published:Sunday, 5th Apr 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Cyclone Pool Delivers Some Relief for High-Risk Strata Schemes
Cyclone Pool Delivers Some Relief for High-Risk Strata Schemes
05 Jul 2026: Paige Estritori
The ACCC’s fifth and final insurance monitoring report has given strata committees in cyclone-exposed regions a clearer view of what the Cyclone Reinsurance Pool is-and is not-achieving. Released on 25 June 2026, the report found that the pool has helped reduce or moderate premiums for policyholders in higher cyclone-risk areas, including residential strata schemes. - read more
Vero’s No-Commission Strata Launch Adds Fresh Pressure to a Changing Market
Vero’s No-Commission Strata Launch Adds Fresh Pressure to a Changing Market
28 Jun 2026: Paige Estritori
Vero has entered the residential strata market with a nil-commission product aimed at addressing some of the placement challenges facing owners corporations, particularly in higher-risk regions. The product will initially be available through intermediaries in Far North Queensland and Darwin, with a broader national rollout planned in stages. - read more
Victoria’s Strata Commission Debate Moves Into a New Phase
Victoria’s Strata Commission Debate Moves Into a New Phase
21 Jun 2026: Paige Estritori
Victoria’s strata reform agenda has taken another important turn, with consumer advocates continuing to push for a ban on insurance-related commissions paid to owners corporation managers after the state government chose to defer immediate action on the issue. - read more
NSW Implements Transparency Reforms to Streamline Strata Insurance Claims
NSW Implements Transparency Reforms to Streamline Strata Insurance Claims
07 Jun 2026: Paige Estritori
New South Wales has introduced transparency reforms in the strata sector aimed at improving governance and reducing disputes in insurance claims. These reforms address issues such as high premiums and opaque fees, fostering a more transparent and efficient strata management environment. - read more


Strata Insurance Articles

Key Factors That Affect Your Strata Insurance Premiums
Key Factors That Affect Your Strata Insurance Premiums
Strata insurance is a specialized form of coverage tailored for property owners living in multi-unit complexes. Understanding its intricacies can be crucial for ensuring that all aspects of shared ownership and communal property responsibilities are adequately protected. - read more
Navigating State-Based Insurance Requirements for Strata Property Owners
Navigating State-Based Insurance Requirements for Strata Property Owners
Strata insurance is a crucial aspect for property owners across Australia. Owning a property within a strata scheme means you're not just responsible for your unit but also share responsibility for common areas, which requires adequate protection against potential risks. - read more
When to Involve a Broker: Navigating Insurance Claims in Strata Properties
When to Involve a Broker: Navigating Insurance Claims in Strata Properties
If you own a strata property, understanding your insurance is crucial. Strata insurance is a specific type of cover that protects shared and common property under a strata title or body corporate arrangement. This can include everything from the building itself to shared driveways, gardens, pools, or car parks. - read more
Decoding Strata Insurance: Key Terms and Perspectives
Decoding Strata Insurance: Key Terms and Perspectives
Strata insurance is a vital component of property ownership in Australia, particularly for those involved in apartment living or owning units within a shared building. It provides financial protection against various risks, ensuring that common areas, building structures, and shared amenities are covered in the event of damage or loss. This type of insurance is not just a safeguard for individual owners but a legal necessity, mandated by Australian law. - read more
Knowledgebase
Claim:
A formal request made by the policyholder to the insurance company for payment of a loss covered by the insurance policy.