18 November 2025 – Blue Zebra Insurance (Blue Zebra), The Proplab Group (including SGUA and Allstate Underwriting brands) and Point Insurance are in negotiations to form a combined corporate group via a share sale transaction.
The transaction is planned to take place in early 2026 and brings together the four agencies to create a combined corporate group with greater reach and resources, underpinned by the Blue Leopard tech platform.
The combined group will be led by Rowan Watson (current Proplab Group CEO) and will continue to offer the broker market easy access to high quality Landlords, SME, Home & Contents, Personal and Commercial motor, Farm Pack, Cyber and Personal Accident and Sickness products.
Blue Zebra CEO Colin Fagen will move to a non-executive role on the combined board structure, as well as several Envest boards, and will be working closely with Rowan to ensure a smooth transition.
Mr Watson said this is an exciting opportunity for both the staff and broker market, with the team focused on improving product distribution, service and claims in all areas.
“The integration will be focused on how we maintain the unique value proposition of each product, while maximizing cross sell opportunities and give rise to a new and improved way of working,” he said.
“On day one, our brands will continue to operate independently in market, enabling our team to continue to focus on the day-to-day while we work towards finalising the structure and architecture of this new entity.”
Mr Fagen said Blue Zebra, Proplab and Point already shared commonality of platforms and processes, with Point, Allstate and Blue Zebra trading on Blue Leopard, and Blue Zebra and SGUA products distributed via SCTP.
“As Envest-backed agencies, we have a good understanding of each business and how we complement each other.”
“Exciting times are ahead as we bring together our teams and work through our next steps, and importantly for clients and brokers, the products, your contacts and our processes will remain consistent as we work through the finer details.”
Mr Watson said more information about the new business structure would be provided to brokers and clients in the new year.
Blue Zebra, Proplab and Point are backed by the Envest Group, part of the global Ardonagh Group. The consolidation of like-minded agencies is closely linked to Envest’s remit to support excellence in insurance distribution in Australian and New Zealand markets.
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Media enquiries: Megan Houston: megan@envest.com.au
