Ardonagh Advisory has acquired Anderson & Co (Holdings) and its subsidiary Anderson & Co (Insurance coverage Brokers).
Monetary phrases of the deal stay undisclosed.
Blackpool-based brokerage Anderson focuses on industrial and private strains.
The corporate’s management will stay below the steering of Christine McLellan, who has been on the helm since 1993 and can proceed her function as managing director.
The Anderson group will combine into the North Division of Ardonagh Advisory Common Insurance coverage (GI) Broking.
This division is below the management of Stephen Boyd, North divisional managing director.
Boyd mentioned: “I’m thrilled to welcome Anderson & Co to Ardonagh Advisory. Their dedication to constructing robust shopper relationships and delivering distinctive service aligns completely with our values. With their a long time of experience and powerful fame, they’ll play a key function in strengthening our presence in Lancashire and driving future development.”
McLellan added: “That is an thrilling step for Anderson & Co as we be part of forces with Ardonagh Advisory. Their assets and help will permit us to reinforce our providing whereas staying true to the values which have outlined our enterprise for over 50 years. I sit up for persevering with to steer our unbelievable group and constructing on the robust foundations we have now created.”
In December 2024, Stone Level Capital entered an settlement to put money into Ardonagh Group, turning into its important shareholder.
Final yr in October, Ardonagh Advisory Broking Holdings, the small to medium-sized enterprise broking platform of Ardonagh Group, reached an settlement to accumulate Rowett Insurance coverage Broking within the UK.
Rowett, with places of work in St Austell, Plymouth, and Darlington, County Durham, gives a various vary of insurance coverage merchandise encompassing industrial and private strains.
