“No plans to change Carole Nash” after £65m Ardonagh deal

Deal

Janice Deakin and Ian Donaldson pledge stability for the motorbike broker and say that it will be working with Autonet to enhance digital capabilities.

Ardonagh Group is not seeking to change Carole Nash following its acquisition of the broker which was announced today (11 October).

The business, which will be part of the distribution division alongside Autonet, is in the process of being bought by Ardonagh for figure believed to be between £60m and £65m.

The deal is expected to go through by the end of this year. There are currently no plans to change the brand, staff or office which is South Manchester. Carole Nash CEO David Newman also

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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