Markerstudy Distribution has confirmed its prime crew below CEO Ian Donaldson following the completion of the Ardonagh private strains deal on the finish of June.
The £1.2bn transfer for Ardonagh’s private strains providing introduced in September 2023 created a enterprise that transacts £3bn of gross written premium yearly using 7300 individuals.
Markerstudy paid £820m for the arm referred to as Atlanta Group with Ardonagh holding a 23% stake within the new mixed entity.
The deal was rubber-stamped by the Monetary Conduct Authority on 31 Might.
Rebrand
The Markerstudy Distribution division, which was rebranded from Markerstudy Broking in March, already had a portfolio that
Solely customers who’ve a paid subscription or are a part of a company subscription are capable of print or copy content material.
To entry these choices, together with all different subscription advantages, please contact info@insuranceage.co.uk.
Copyright Infopro Digital Restricted. All rights reserved.
You could share this content material utilizing our article instruments. As outlined in our phrases and situations, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised Person might solely make one copy of the supplies for their very own private use. You should additionally adjust to the restrictions in clause 2.5.
If you need to buy extra rights please e mail info@insuranceage.co.uk