The business highlighted Ebitda and acquisitions as it points to “limited” Covid-19 impact.
Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.
Ardonagh’s Atlanta division has exchanged contracts to purchase the motorcycle specialist broker.
Profile: David Ross, Ardonagh CEO, tells Insurance Age why he’s a lucky man and reveals his hopes for the group as he puts the challenges of the past five years behind him
David Ross reveals expansion hopes and confirms more M&A targets in the UK.
Stuttard will be based in Blackburn, Lancashire and, in addition to his Towergate role, also worked as regional manager at Swinton.
Great Expectations: The self-made broker talks about his billion pound ambitions, lifts the lid on the Swinton deal and considers his Ardonagh bosses.
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
Move follows Ageas' decision to close its Stoke operations and the majority of the staff currently facing redundancy will be offered employment under the Autonet brand.
Experts say deal is "good fit", despite the possibility of it limiting choice in the market.
Scrutiny of unrated insurers and the #insuretrek18 were highlighted as the best things to happen in insurance this year. But who said what?
As the sweltering heat continued into September brokers saw opportunities in Marsh's JLT deal and were also interested in Ardonagh buying Swinton and RSA's shock profit warning.
Performance breakdown shows improved retention and new business figures.
Business posts loss of £48.9m along with income growth.
But most brokers believe the insurer’s planned restructure is positive.
Move seen as first step in Ardonagh “monetisation” strategy.
The £165m price tag seen as fair after initial estimates went as high as £450m.
Deal for personal lines specialist adds over one million customers to the group.
Experts urge brokers to challenge their insurer panels to utilise the new template.
Both organisations have previously run the rule over Swinton and could now bid.
Ebitda grows to £23.1m as investor report reveals book acquisitions and legacy costs of £2.5m.
Coffey appointed commercial director for Autonet and Carole Nash.
Ageas says sale to Autonet gives customers peace of mind across Kwik Fit Insurance Services, Auto Direct, Cover Direct and Regal.
Ardonagh Group reveals Ebitda loss of £42.5m.