Insurance intermediary platform to acquire London-based broker

Insurance intermediary platform ANV Group Holdings has agreed to acquire Iris Insurance Brokers.

Founded in 2000 and headquartered in London, Iris Insurance Brokers operates through three core segments – Iris, which acts as the Lloyd’s wholesale broker, Blink Intermediary Solutions and Vivid Underwriters.

The Lloyd’s business specialises in the placement of (re)insurance capacity on behalf of brokers, MGAs and Lloyd’s coverholders.

Blink Intermediary Solutions, meanwhile, offers bespoke distribution services and insurance products to most of the active retail brokers in the UK.

Finally, Vivid Underwriters was launched in 2025 as an MGA and team hire incubation platform. The first MGA was launched in December 2025 and is focused on low touch, high volume business sold through digital distribution channels.

ANV said the acquisition strengthens its UK distribution capabilities, while providing a platform to launch UK MGAs, scale teams and enhance access to the Lloyd’s insurance markets across a range of products.

Adam Karkowsky, chairman and chief executive at ANV, added: “This is a strategic transaction that complements ANV’s existing UK business and is consistent with our long-term growth strategy.

”Blink will immediately strengthen our distribution capabilities across the UK. Vivid, Iris’ MGA incubator, is consistent with ANV’s entrepreneurial approach to launching and developing MGAs.”

Close date

The transaction is expected to close in Q2 2026, subject to regulatory approval.

Mark Hutley, managing director at Iris, said: “Joining ANV represents a compelling next phase for Iris. The group’s long‑term perspective and international MGA platform provide the right environment to scale our Lloyd’s brokerage, expand Blink’s distribution capabilities and accelerate the development of Vivid as an MGA incubator.

”With the backing of ANV, we gain greater access to opportunities and capacity which will provide Iris and its various segments with accelerated growth.”