Ardonagh News – Page 3
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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
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NewsThe Ardonagh Group completes $500m buy of BGC Partners’ insurance operations
Specialty broking chairman says the acquisition presents ‘a unique opportunity to build a preferred home for talent and the number one choice for clients on a truly global scale’
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NewsBrokerFest 2021: Regulation bar will be ‘a lot higher’ for brokers selling to SMEs
Industry experts predict more regulation to be incoming around insurance for SMEs as the regulator wants these firms to be treated ‘like personal lines customers’
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NewsBrokerFest 2021: SMEs face underinsurance risk around intangible assets
Although cyber cover for SMEs is a ‘tough sell’ for brokers, these businesses should be encouraged to seek expert advice ‘because they won’t understand intangible risks as well as brokers do’
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NewsBrokerFest 2021: Brokers need to understand the new economy to drive growth – Phil Bayles
Chief commercial officer says brokers’ future success lies in turning economy ‘changes into opportunities’ and pinpointing ‘what type of schemes they will create’ to suit the post-pandemic landscape
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NewsArdonagh switches up retail business c-suite with two internal promotions
The executive shuffle of the broker’s retail arm will put the platform in ‘strong shape’, says group chief executive
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NewsZurich inks five-year £105m deal with specialist underwriter
The deal further strengthens Zurich’s strategic relationship with Ardonagh
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NewsEthos Broking appoints commercial director from Marsh
Chief executive believes the new hire ‘is a perfect match for the business’ who will ‘make an impact quickly’
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NewsThe Ardonagh Group reports 2021 H1 loss of £41.3m
The firm has also secured additional ‘combined funding’ of £900m to help continue its ‘M&A and investment strategy at pace’
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NewsTool and equipment trade body chooses Towergate for insurance partner
The broker will provide services for the association’s 800 members
