Ardonagh maintains organic growth as losses shrink

Ardongah Group has posted ongoing organic growth in both its insurance broking and Autonet/Carole Nash divisions.

The analysis came as the broking giant delivered a near halving of losses to £48.9m for the first nine months of 2018.

And the breakdown of the figures for different units showed particular strength in the Autonet & Carole Nash section.

The numbers will be pleasing for the consolidator as this is where Swinton Group is likely to sit once the £165m takeover goes through creating a