Ardonagh Group
The Ardonagh Group is one of the world’s largest independent insurance distribution platforms and a top 20 global broker.
It claims to be “a collection of best-in-class entrepreneurial and specialist brands” with a combined workforce of more than 10,000 people and a network spanning 200+ locations in more than 30 countries. Across its portfolio, Ardonagh offers a highly diversified range of insurance-related products and services across the full insurance value chain globally.
From complex multinational corporations to individuals purchasing personal insurance policies, our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver a broad range of product and risk solutions that meet customer needs.
Broker Diversity Push – Q&A with Ardonagh’s CFO Diane Cougill
In an exclusive interview with Insurance Age as part of our Broker Diversity Push - Gender Leadership Gap campaign, Diane Cougill, chief financial officer at The Ardonagh Group shares her insights from a firm that while it has a rising percentage of…
UK broking M&A shrinking in 2022 as market becomes saturated
UK broking deals valued at £5m and above are set to reduce in 2022 as the number of available brokers for purchase shrinks.
Headline makers: December 2022
The key stories from the past month all in one place.
News analysis: What next for brokers amid FCA premium finance crackdown?
The Financial Conduct Authority’s premium finance crackdown threatens a significant revenue earner for brokers. Big players with strong balance sheets are making moves
Ardonagh buys £20m GWP PI specialist broker
Ardonagh Advisory has added to its professional indemnity portfolio buying The Professional Broking Group which trades as The Professional Indemnity Company.
Ardonagh restructures UK commercial and retail MGA offerings
Ardonagh has reorganised its UK commercial and retail MGAs, with businesses and brands aligned by client type across its platforms, Insurance Age can reveal.
Ardonagh free cashflow declines to £7.8m as debt payments rise
Ardonagh’s free cashflow has deteriorated to £7.8m for the first nine months of this year as it pays off interest from its £2.68bn net debts.
Ardonagh posts double digital advisory growth but retail fall
Ardonagh achieved 12.1% growth in advisory income in the third quarter but turnover in retail dropped 11.3%.
Ardonagh confirms Lorega cost £28.8m
Ardonagh paid £28.8m in cash to buy loss recovery insurance managing general agent and assistance specialist Lorega, the consolidator has confirmed.
Atlanta reveals Be Wiser price tag
Ardonagh paid £6.3m in cash for the business and assets of motor broker Be Wiser Insurance last year.
Ardonagh buys Stallard Kane
Ardonagh Advisory has bought Stallard Kane Group, a provider of health and safety, HR, training, and employment law compliance consultancy services.
Trail: Premfina remains ‘very, very, ambitious’ despite £9.8m loss
Premfina Limited posted a £9.8m loss in its reserves last year, but has pledged to continue spending in its bid to become a major force in the insurance premium finance sector.
Aviva adds Dave Martin as Gareth Hemming exits
Aviva has confirmed the appointment of Dave Martin as managing director of UKGI distribution & SME replacing Gareth Hemming who is leaving the insurer.
A-One launches academy
A-One Insurance Group has launched a grow-your-own academy to bring new employees into the industry.
Blog: What next for ex-Zurich retail boss Martin?
As revealed by Insurance Age, Zurich head of retail Dave Martin has flown the nest. With the next home yet to be announced Emmanuel Kenning looks at where he might land
Lloyd’s cuts off online delegated authority platforms amid cyber threat
Lloyd’s took swift action yesterday to safeguard its online security by resetting its systems and switching off all external connectivity after discovering “unusual activity” on its network.
Ardonagh Specialty to buy Oxford Insurance Group
Ardonagh Specialty has signed up to acquire Lloyd’s broker Oxford Insurance Group.
Mark Coffey named personal lines and e-trade director at Premium Credit
Former RSA leader and director at Ardonagh-owned Atlanta, Mark Coffey, has joined Premium Credit as personal lines and e-trade director.
Biba and FCA call off events in light of Queen Elizabeth's death
The British Insurance Brokers’ Association and the Financial Conduct Authority have decided to postpone events that were scheduled before the funeral of Queen Elizabeth II.
Insurers and brokers pay their respects to Queen Elizabeth II
Insurance brokers and insurers have paid their respects following the death of Queen Elizabeth II yesterday.
Ardonagh adjusted Ebitda grows to £186m in H1 2022
Ardonagh has announced that its income rose by 37% to £595m ($791m) and adjusted Ebitda by 21% to £186m ($247 million).
Jaime Swindle becomes CEO of the UK commercial MGA at Geo Underwriting
Jaime Swindle has started a new position as CEO of the UK commercial MGA at Geo Underwriting having moved across to the unit's leadership team in December.
Lorega finds “natural home” at Ardonagh
Lorega will go to the “next level” under Ardonagh’s ownership, former leader and current CEO of Vizion Insurance Brokers John Sims has predicted.
Ardonagh buys Lorega
Ardonagh’s managing general agent segment Geo Underwriting has bought loss recovery insurance MGA and assistance specialist Lorega, Insurance Age can reveal.