Investec Acquisition of BizCover the Right Decision

Investec Acquisition of BizCover the Right Decision

The acquisition of BizCover, an Australian-owned online professional insurance broker marks another key milestone for Investec.

FOR IMMEDIATE RELEASE

investec-acquires-stake-in-bizcoverPRLog (Press Release) – Apr 27, 2009 – The decision made by Trevor Sacks from the Investec team to invest a 20% equity stake in Mega Capital has proven to be the right decision with the successful launch of BizCover – one of the first aggregators of business insurance globally.

The Australian-owned online professional insurance broker, which launched early 2008, is where mid-market professionals can compare and buy professional
Indemnity insurance in minutes.

In the past month, BizCover has expanded their services to include more products, including Business Insurance and Public Liability insurance.  It has become the one-stop shop for individuals requiring insurance, who don’t want to go through the outdated process of unnecessary paper work.

BizCover’s process is simple.  It instantly provides comparative quotes from some of Australia’s leading insurers and, once a policy is selected, it can be purchased immediately. Moreover, it eliminates the drawn out process of shopping for quotes, filling in lengthy and complicated proposal forms, and waiting months for policy documentation to arrive.

BizCover has partnered with leading insurance companies such as Vero, AIG, and Dual/Lumley to offer customers the most competitive and comprehensive insurance coverage available, in the shortest amount of time.

Trevor refers to this acquisition as a ‘straightforward transaction”, and one that “backed the right people, in the right business venture.”  This early success of BizCover has more than validated his words.

# # #

https://www.pr.com/press-release/148269


This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. © 2025 BizCover Limited.

Categories

Why Choose BizCover

Join 260,000 others in trusting BizCover

Breathe easy knowing you’re in good company

Similar Blogs

How BizCover Helps Create Opportunity Through Art for People of All Abilities 
How BizCover Helps Create Opportunity Through Art for People of All Abilities 

One&All Hub is a holistic space in Sydney that offers creative workshops designed for people of all ages and abilities…

Smart Tax Strategies for Aussie SMEs – 15 Ways to Reduce Your Tax Bill
Smart Tax Strategies for Aussie SMEs – 15 Ways to Reduce Your Tax Bill

This article is brought to you in partnership with MYOB, a business management platform used by businesses across Australia and…

[Press Release] Vero Business Pack now available through BizCover
[Press Release] Vero Business Pack now available through BizCover

Sydney, 14 May 2025 – Vero Business Pack added to BizCover’s already extensive product range. Over 2700 occupations covered. Customers…

BizCover Logo