Ardonagh’s Swinton takeover goes through
Deal for £165m was agreed in September.
The Ardonagh Group confirmed on 31 December 2018 that it had completed the buyout of Swinton.
The takeover was first announced in September after months of speculation had put Ardonagh at the front of the queue when Swinton was known to be for sale.
At the time of the deal Ardonagh said it would pay for the personal lines specialist via finance and cash from monetising certain assets.
Debt
Insurance Age revealed shortly thereafter that Ardonagh had secured a £60m partnership for the Swinton
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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
MyFirst partners with Howden for young driver service
Howden has joined forces with MyFirst as its young driver partner to provide a “tailored service" across its local UK branches.
Howden replaces Douglas as climate and resilience lead with new impact officer
Howden has appointed Nick Stace OBE to the newly created role of chief global impact officer.
End of Year Review 2025: Flood Re’s Kelly Ostler-Coyle
Kelly Ostler-Coyle, director of corporate affairs, Flood Re bemoans the fact that not enough brokers are talking to clients about Build Back Better and pays respect to “the Welsh titan of the insurance industry” Amanda Blanc.
Premium Credit signs up another top 100 broker
Premium Credit has signed a three-year agreement to be One Sure’s exclusive provider of premium finance for personal lines.
The stats: Commercial rates reduce significantly in Q3 2025
The value of a typical commercial book of business has fallen for the first time since 2018, driven by negative premium movements in commercial combined, property owners and combined liability, reports Ida Axling.
End of Year Review 2025: Open GI’s Neil Hart
Neil Hart, chief sales officer at Open GI, reflects on the ‘old chestnut’ that the cheapest cover isn’t always the best and suggests ‘His Highness’ as his darts alter ego for the World Darts Championship at Alexandra Palace.
People Moves: 8 – 12 December 2025
Stay in the loop with the latest insurance personnel moves.
End of Year Review 2025: Premium Credit’s Owen Thomas
Owen Thomas, chief sales officer at Premium Credit, applauds how Biba and the FCA have collaborated this year, suggests a top 5 commercial insurer might get snapped up in 2026 and predicts great things for Lee Mooney at Markel.