Commercial Property Insurance Online :: 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:

Insurance News

Rising Insurance Costs Threaten Australian Small Businesses
Rising Insurance Costs Threaten Australian Small Businesses
13 Apr 2026: Paige Estritori
Small business insurance premiums in Australia have surged by up to 60% since 2019, rendering coverage increasingly unaffordable for many enterprises. The Insurance Council of Australia attributes this escalation to outdated liability laws, escalating legal costs, and governmental red tape. - read more
Significant Decline in Australian Commercial Insurance Rates in Late 2025
Significant Decline in Australian Commercial Insurance Rates in Late 2025
13 Apr 2026: Paige Estritori
In the fourth quarter of 2025, Australian commercial insurance rates experienced a notable decline, with prices dropping by 12%. This marks the most significant decrease among the eight regions monitored by Marsh's Global Insurance Market Index. The primary driver behind this trend is heightened competition within the market, as international insurers have expanded their presence, providing additional capacity that has contributed to the rate reductions. - read more
Queensland Small Businesses Struggle with Escalating Insurance Costs
Queensland Small Businesses Struggle with Escalating Insurance Costs
13 Apr 2026: Paige Estritori
Insurance affordability has emerged as one of the most pressing challenges facing small businesses across Queensland and increasingly across Australia. A recent submission by Business Chamber Queensland to the Parliamentary Joint Committee on Corporations and Financial Services outlines why insurance products are not keeping pace with the realities small businesses face, and what can change. - read more
Harland Green Unveils All-Risk Farm Insurance for Large-Scale Operations
Harland Green Unveils All-Risk Farm Insurance for Large-Scale Operations
13 Apr 2026: Paige Estritori
In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has introduced an all-risk farm insurance package tailored for large commercial farming operations. This initiative seeks to address the complex and often underserved insurance needs of substantial agribusinesses. - read more
WFI Insurance Observes Significant Reduction in Farm Liability Claims
WFI Insurance Observes Significant Reduction in Farm Liability Claims
13 Apr 2026: Paige Estritori
WFI Insurance has reported a notable decrease in farm liability claims across various categories, signaling a positive shift in safety practices within the Australian agricultural sector. This trend underscores the industry's commitment to enhancing on-farm safety and reducing incidents. - read more


Commercial Property Insurance Articles

How Deductibles Impact Your Commercial Property Insurance Premiums
How Deductibles Impact Your Commercial Property Insurance Premiums
When it comes to commercial property insurance, a deductible is the amount of money a policyholder agrees to pay out-of-pocket before the insurance coverage kicks in. This can be a fixed dollar amount or a percentage of the total insured value. Understanding how deductibles work is crucial for any landlord or business owner seeking to protect their assets effectively. - read more
What Factors Affect Commercial Property Insurance Premiums?
What Factors Affect Commercial Property Insurance Premiums?
Commercial property insurance is designed to protect businesses and landlords against losses to their buildings and other related assets. This type of insurance covers various incidents, such as fire, theft, and damage from natural disasters. It's essential for safeguarding not just the physical property but also the livelihood associated with the business operations conducted within that space. - read more
Is Commercial Property Insurance Mandatory? What Every Landlord Should Know
Is Commercial Property Insurance Mandatory? What Every Landlord Should Know
Commercial property insurance is a type of coverage designed to protect property landlords and investors from various risks. It typically encompasses buildings, equipment, and other assets associated with commercial spaces. Understanding this insurance is crucial for anyone involved in property leasing or investment, as it can safeguard against significant financial loss. - read more
What does Commercial Property Insurance cover?
What does Commercial Property Insurance cover?
Commercial property insurance is vital for anyone who owns or operates a business that involves a physical location. This type of insurance protects your business premises, equipment, and any inventory within the space. Whether you're a landlord, a small business owner, or a property investor, having a solid understanding of commercial property insurance is essential. It not only safeguards your physical assets but also provides peace of mind for your financial investment. - read more
Natural Disasters and Your Commercial Property: Is Your Insurance Adequate?
Natural Disasters and Your Commercial Property: Is Your Insurance Adequate?
Australia is known for its diverse landscapes, but one of the harsher realities it faces is the increasing frequency of natural disasters. From bushfires in the outback to devastating floods in urban areas, these events can have severe implications for commercial properties. Business owners must navigate the challenges of not only protecting their assets but also ensuring the continuity of their operations. - read more

Knowledgebase
Elimination Period:
The time period between an injury and the receipt of benefit payments from an insurer, particularly in disability insurance.