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

Why Insurance Tax Reform Matters for Strata Premiums
Why Insurance Tax Reform Matters for Strata Premiums
16 Sep 2026: Paige Estritori
Fresh industry attention on insurance tax reform has direct consequences for strata communities, particularly those already dealing with higher property premiums, weather risk and more demanding underwriting questions. The renewed debate centres on the way government charges, duties and emergency services funding mechanisms can sit on top of the underlying insurance price, making cover more expensive without necessarily improving the risk profile of the building. - read more
Why NSW Strata Disclosure Rules Matter at Renewal Time
Why NSW Strata Disclosure Rules Matter at Renewal Time
09 Sep 2026: Paige Estritori
Renewed attention on strata governance in New South Wales is a timely reminder that insurance disclosure is now a front-line renewal issue for owners corporations, not a back-office formality. Following recent reforms aimed at improving transparency around strata management, commissions and third-party benefits, committees are under greater pressure to understand not only what cover they are buying, but how the placement has been arranged and paid for. - read more
What the Latest Cyclone Pool Signals Mean for Strata Renewals
What the Latest Cyclone Pool Signals Mean for Strata Renewals
02 Sep 2026: Paige Estritori
The latest industry attention on Australia’s Cyclone Reinsurance Pool is a useful reminder that affordability reform is only one part of the strata insurance equation. The pool was designed to reduce the cost pressure created by cyclone risk, particularly across northern Australia, where residential strata schemes can face difficult renewal conditions because of wind, rain, storm surge and ageing building infrastructure. - read more
Why Builder Insolvencies Are Becoming a Strata Insurance Issue
Why Builder Insolvencies Are Becoming a Strata Insurance Issue
26 Aug 2026: Paige Estritori
Fresh reporting on Australia's construction sector has highlighted a problem that strata communities cannot afford to treat as background noise: builder and trade contractor failures remain a live risk for apartment buildings, particularly where major repairs, defect rectification or insurance reinstatement works are required. - read more


Strata Insurance Articles

Strata Insurance, Contents Insurance and Landlord Insurance: What Each Policy Covers
Strata Insurance, Contents Insurance and Landlord Insurance: What Each Policy Covers
Strata insurance, contents insurance, landlord insurance and standard building insurance protect different things. This guide explains the main differences for Australian apartment owners, unit investors and strata property buyers. - read more
How Sums Insured and Replacement Cost Valuations Affect Strata Insurance
How Sums Insured and Replacement Cost Valuations Affect Strata Insurance
The sum insured and replacement cost valuation are two of the most important figures in a strata insurance policy. They influence premiums, help determine whether cover is adequate, and can affect how a strata scheme responds after a major loss. - read more
What Strata Insurance Usually Does Not Cover
What Strata Insurance Usually Does Not Cover
Strata insurance can protect shared buildings and common property, but it does not cover every type of damage, cost or dispute. This guide explains common strata insurance exclusions, how maintenance issues can affect claims, and what owners and committees can do before a problem occurs. - 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
Knowledgebase
Insurance Deductible:
That part of an insurance claim that must be paid by an insured person before the the balance is paid by the insurer.