Ardonagh looking at deals worth £500m

david-ross-2016

CEO David Ross says focus will be on integration and international expansion.

Ardonagh Group CEO David Ross has stated that the company’s 11.3% increase in income in 2017 has proved the “commercial viability” of bringing together the different businesses in the group.

In its financial results for the year ended 31 December 2017 the broker posted an income of £535.7m for 2017 (2016: £481.3m). However, it also revealed a £260.9m loss for the year.

Acquisitions
Since the creation of Ardonagh in July 2017 the company has spent £83m on acquisitions including Carole Nash

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: