How many total Third-Party Administrators companies are there in Australia?

As of May 2026, Australia has 14 active Third-Party Administrators companies.

List of 14 Third-Party Administrators Startups in Australia & Market Trends (May 2026)

Q: Who are the top investors in Third-Party Administrators companies in Australia?

The top investors in Third-Party Administrators companies in Australia by number of investments are TPG and Blackstone.

The Third-Party Administrators sector in Australia comprises 14 companies. Out of these, 3 are Series A+ funded.

Third-Party Administrators sector in Australia has seen 3 acquisitions. This represents almost 21.4% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.

This sector includes companies which are licensed to operate as TPAs for processing claims, and managing administrative functions related to insurance policies, retirement plans, and other employee benefits plans.

Stand-alone TPAs. diversified insurance services companies which offer third-party administration as one of their main offerings, retirement plan administrators and pharmacy benefit managers are included in this sector. Other service providers for insurance including BPO services, actuarial services, claims processing, risk management, and consulting; insurance carriers and distributors; and pharmacies are excluded.

Key Metrics

Total Companies

Top Companies

HBA Legal, Berrill & Watson & more

Series A+ Companies

Series C+ Companies

Acquisitions

View complete details of this sector

There are 14 Third-Party Administrators startups in Australia which include HBA Legal, Berrill & Watson, The Bond & Credit, COMBUS, Dbn Actuaries.

1. HBA Legal

Key facts about HBA Legal

Founded Year: 2011
Location: Brisbane (Australia)
Stage: Acquired
Tracxn Score: 27/100 What is this?

2. Berrill & Watson

Key facts about Berrill & Watson

Founded Year: 2016
Location: Moonee Ponds (Australia)
Stage: Unfunded
Tracxn Score: 26/100 What is this?

View full list of companies in this sector

3. The Bond & Credit

Key facts about The Bond & Credit

Founded Year: 2013
Location: Sydney (Australia)
Stage: Acquired
Tracxn Score: 24/100 What is this?

4. COMBUS

Key facts about COMBUS

Founded Year: 2002
Location: Moss Vale (Australia)
Stage: Unfunded
Tracxn Score: 20/100 What is this?

5. Dbn Actuaries

Key facts about Dbn Actuaries

Founded Year: 2014
Location: Sydney (Australia)
Stage: Acquired
Tracxn Score: 20/100 What is this?

Access the full list of 14 Third-Party Administrators Startups in Australia

Companies founded year-on-year in the Third-Party Administrators sector in Australia

1 Third-Party Administrators startup in Australia were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	-
2024	-
2023	-
2022	-
2021	-
2020	-
2019	-
2018	-
2017	1

Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more

TPG is the top investor in Third-Party Administrators companies in Australia based on number of companies invested.

Here are some top investors in Third-Party Administrators companies in Australia:

Investor	Location	Top Portfolio Companies
TPG	Fort Worth (United States)	-
Blackstone	New York City (United States)	-
The Carlyle Group	Washington, DC (United States)	-

See a more detailed list of investors

In the year 2020, till November 2020, 1 acquisition happened in Third-Party Administrators sector in Australia. Last year, in 2019, a total of 2 acquisitions happened in Third-Party Administrators sector in Australia.

Here are some recent, important acquisitions in Third-Party Administrators sector in Australia:

Company	Acquisition Type	Acquisition Date	Acquirers
HBA Legal	Business Acquisition	Nov 04, 2020	Crawford & Company
Dbn Actuaries	Business Acquisition	Sep 27, 2019	Finity Consulting
The Bond & Credit	Business Acquisition	Apr 09, 2019	Tokio Marine