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Suncorp advised on sale of Resilium
Australian insurer Suncorp has been advised on the sale of its authorised representative network, Resilium, through a management buyout.
Jerome Doraisamy
Firm: DLA Piper (Suncorp)
Value: Undisclosed
Area: Corporate
Key players: The DLA team was led by Brisbane corporate partner Lyndon Masters with partners Samantha O’Brien and David Lyons, senior associate Adrian Tan, foreign legal associate Kimberly Eichorn and solicitors Elizabeth Campbell, Cassian Ho, Ellie Harding and Ann-Marie Coleman.
Deal significance: Mr Masters said: “We are pleased to partner with Suncorp on this sale, which will see Resilium operate independently, while maintaining a strategic alliance with Suncorp. As a standalone business, Resilium will further invest in products and services to better meet the needs of its customers, which is a positive outcome for sector.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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