M&A

The Ardonagh Group (“Ardonagh”) announces its expansion into Greece following its acquisition of a majority shareholding in SRS Group of Companies (“SRS”). SRS was founded in 2019 and is based in Athens. Its businesses include a leading independent wholesale reinsurance broker and an MGA platform....

Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announces today, it has agreed to acquire* a majority shareholding in leading High Net Worth (HNW) broker Stanhope Cooper and MGA Renovation Underwriting. Under the agreement, Ardonagh will acquire a shareholding in N&W Investments, which...

Ardonagh Europe, part of The Ardonagh Group, has announced it has agreed to acquire* high net worth broker Classicus, strengthening the Group’s growing presence and scope in the Netherlands. Founded in 2004, Classicus is headquartered in Amsterdam and provides a range of specialist high net...

The Ardonagh Group (“Ardonagh”, “The Group”) has announced today that it has agreed to acquire* Klap Verzekeringsmakelaar (“Klap”), a specialist commercial lines insurance broker based in The Netherlands, from family office, Nedvest (“Nedvest”). Under the leadership of Jorg Roodbeen, Klap CEO, and with support from...

Ardonagh Advisory today announces the acquisition of Pace Ward, a leading local broker with national coverage for large commercial clients, prestige and high-performance cars and high net worth clients. Pace Ward will join Ethos Broking, where its specialisms will complement Ethos’ existing partner brokers, which...

Further to its announcement in October that it had exchanged contracts, Ardonagh Specialty today announces the completion of its purchase of Oxford Insurance Group. The addition of Oxford brings $250 million of gross written premium and additional capability in professional indemnity, general liability, marine and...