Michael Donegan Becomes Strategic Adviser to The Ardonagh Group
The Ardonagh Group (“the Group”) today announces the appointment of Michael Donegan as Strategic Adviser. Michael will step away from the day-to-day operations of Price Forbes, where he has been CEO since 2004. The Group today also announces the appointment of James Masterton as CEO of Price Forbes & Partners Ltd and also his appointment […]
Towergate announces new London specialty business
Towergate Underwriting today launches Geo Specialty – a new London business with a new team of market specialists. The first market to go live is political violence, with others following throughout the year. Political violence is led by Senior Underwriter Marcus Meredith, who has joined Towergate from DUAL International Ltd and brings with him a […]
Name Change to Ardonagh
London 14 July 2017 – KIRS Midco 3 plc, which issued £400,000,000 in aggregate principal amount of 8.375% Senior Secured Notes due 2023 and $520,000,000 in aggregate principal amount of 8.625% Senior Secured Notes due 2023 pursuant to an indenture dated June 20, 2016, is pleased to confirm that it has changed its name from […]
Release of Shareholder Written Resolution (1)
KIRS Group today announces the release of a Shareholder Written Resolution relating to a change of Company Name. Media Queries External Contact – Email: communications@ardonagh.com
Towergate wins Transformational Deal of the Year at 2017 British Insurance Awards
Last night saw Towergate triumph at the 2017 British Insurance Awards where they took home the Transformational Deal of the Year Award. Towergate were hailed for their transformation following the Group’s refinancing led by Highbridge Principle Strategies, allowing the Group to fix the fundamentals, build the business and grow organically. With the financing enabling Towergate […]
Formation of Group Completed
KIRS Group Limited (“the Group”), the UK’s leading independent insurance intermediary group, has today confirmed the completion of the acquisitions of Direct Group and Chase Templeton, following the close of a successful £800 million sterling-equivalent bond offering. The offering comprised £400 million and $520 million senior secured notes from investors in the UK and US. […]