Ardonagh News – Page 4
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NewsBrokerFest 2023: System launch can unlock small and medium broker access – Phil Bayles
Chief commercial officer reveals that tool launch will help insurers ‘find the needle in the haystack’ of regional brokers to more effectively find business that matches their risk appetite
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NewsArdonagh Advisory aims to create ‘revolution’ in network model with data and tech-enabled tool
The firm wants to ‘level the playing field’ for small and medium-sized brokers by providing greater access to different insurance markets and ‘getting service out of insurers’
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NewsIndustry chatter around lack of UK-based M&A targets is ‘nonsense’ – Phil Bayles
Ardonagh Advisory’s chief commercial officer gives Insurance Times his opinion on the current lay of the land around broker consolidation
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NewsCompass partners with premium finance provider
Network boss believes brokers must ‘be prepared against the unexpected’, with one possible solution being the provision of ‘more flexible payment options’ for clients
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NewsArdonagh Advisory acquires Stallard Kane Group
The buy will help the group’s subsidiary better meet changing consumer needs with ‘high-quality risk advice’
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NewsArdonagh Specialty acquires Lloyd’s broker with ‘true alignment on client service’
The group’s 125 staff and its brands will join the broker as part of the deal
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NewsThe Ardonagh Group posts 170% increase in pro forma losses for H1 2022
The group also recorded a 21% increase in its adjusted ebitda for the reporting period, reaching a figure of £186m
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NewsBishopsgate aspires for ‘leader’ status with new head of claims hire
The appointee brings over 30 years of insurance industry knowledge to the team
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NewsArdonagh’s Geo Underwriting buys loss recovery MGA
Broker-backed MGA is ’excited to support’ the growth of its newly purchased firm amid plans to extend ’product distribution even more widely’
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NewsBroker consolidation is ‘natural’ and presents opportunities for new entrants
Market regeneration is also likely once hard market conditions ease
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NewsThe Ardonagh Group posts 29% adjusted ebitda growth for Q1 2022
The broker also reported a 44% increase in total income for 2022’s first quarter
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NewsThe Ardonagh Group reports adjusted ebitda growth of 42.4% for 2021
The broker’s income also reached £945.8m last year
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NewsTowergate names new chief executive
The new c-suite member will bring 18 years of independent broking experience to the role
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NewsBishopsgate snaps up division managing director from Lloyd’s broker competitor
The appointment links to the ‘wider Ardonagh Specialty strategy and international growth plans’, says chief executive
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NewsArdonagh Specialty expands cross-class follow capacity solution
The move aims to help the company reach more clients and develop its focus on data generation
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Online onlyArdonagh to buy ‘perfect match’ Lloyd’s broker
Ardonagh boss David Ross says Ardonagh Global Partners can acquire brokers and maintain their successful culture
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NewsMiddle East oil giant backs Ardonagh in multibillion valuation
Chief executive David Ross says Ardonagh is an ‘international broking powerhouse’
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NewsArdonagh Advisory makes ‘pivotal’ senior appointments to boost digital strategy
The two hires are ’pivotal’ in the execution of Ardonagh Advisory’s overall strategy, according to the platform’s chief executive
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NewsThe Ardonagh Group announces leadership reshuffle
Bravo Networks gets a new managing director as previous boss moves to MGA
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NewsArdonagh improves adjusted ebitda by 44.5% in first nine months of 2021
The broker has also spent £125m on acquisitions so far this year
