Ardonagh Advisory, the Ardonagh Group’s SME broking platform, introduced it has acquired Anderson & Co. (Holdings) Ltd., together with its wholly owned subsidiary Anderson & Co (Insurance coverage Brokers) Ltd. (ACIB).
Monetary particulars of the transaction weren’t disclosed.
Established over 50 years in the past, Anderson & Co. has change into a number one dealer in Blackpool, specializing in business and private strains. The enterprise, which has constructed a robust fame for high quality and consumer service, was acquired by Christine McLellan in 1993, who will proceed to guide as managing director.
The Anderson & Co. crew will be a part of the North Division of Ardonagh Advisory Common Insurance coverage (GI) Broking, led by Stephen Boyd, North Divisional managing director.
This acquisition additional strengthens Ardonagh Advisory’s footprint within the North (of England), including a extremely respected and well-established enterprise to its portfolio, the dealer stated.
“I’m thrilled to welcome Anderson & Co to Ardonagh Advisory. Their dedication to constructing sturdy consumer relationships and delivering distinctive service aligns completely with our values. With their many years of experience and robust fame, they may play a key function in strengthening our presence in Lancashire and driving future progress,” commented Stephen Boyd, managing director North Division, Ardonagh Advisory GI Broking.
“That is an thrilling step for Anderson & Co as we be a part of forces with Ardonagh Advisory. Their assets and help will enable us to reinforce our providing whereas staying true to the values which have outlined our enterprise for over 50 years. I look ahead to persevering with to guide our implausible crew and constructing on the sturdy foundations now we have created,” stated Christine McLellan, managing director of Anderson & Co.
About Ardonagh Advisory and Ardonagh Group
Ardonagh Advisory Broking Holdings Ltd is The Ardonagh Group’s SME broking platform comprised of Bravo Networks, Footman James, Geo Underwriting, Hera Indemnity, Lorega, Towergate, Towergate Well being & Safety, Thompson & Bryan and Usay Examine manufacturers. The Ardonagh Group is among the world’s largest unbiased insurance coverage distribution platforms and a prime 20 international dealer.
Supply: Ardonagh Advisory
Subjects
Mergers & Acquisitions
Agencies
Eager about Businesses?
Get automated alerts for this matter.
