Ardonagh Advisory Broking Holdings, the small and medium-sized enterprise broking platform of the Ardonagh Group, has agreed to accumulate Rowett Insurance coverage Broking within the UK.
Rowett affords quite a lot of insurance coverage merchandise together with each industrial and private strains from its UK workplaces in St Austell, Plymouth and Darlington.
Its subsidiary, AGRi Insurance coverage Amenities, focuses on wholesale agricultural insurance coverage.
Glyn Rowett, the founder and managing director of Rowett, will proceed with the corporate.
He will likely be joined by employees members together with administrators Matthew Nile and Gareth Rowett.
Glyn Rowett stated: “After a number of discussions throughout the market, Ardonagh Advisory emerged as the perfect match for our enterprise.
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“By way of our membership of Bravo Networks, we now have lengthy benefitted from their robust operational assist and entry to markets, and I wish to take the chance to thank Phil Bayles, chief industrial officer of Ardonagh Advisory, who I’ve labored with for a few years via our Bravo Networks membership, for his assist via this course of.”
Rowett supplies an array of agricultural insurance coverage options that cowl farm and agricultural automobiles, gear and threat administration options.
Its experience spans industrial motor, property, legal responsibility and enterprise insurances.
It additionally affords a variety of covers, from automobile and home insurance coverage to journey and car breakdown cowl.
Advisory Insurance coverage Brokers CEO Richard Tuplin stated: “Rowett Insurance coverage is very complementary to our agricultural specialism and bolsters our presence within the south-west of England. Rowett’s long-standing connections with farming communities are a testomony to the high-calibre individuals who we stay up for welcoming.”
Ardonagh Advisory Broking homes manufacturers comparable to Bravo Networks, Footman James and Towergate.
Final month, Ardonagh Group accomplished its acquisition of PSC Insurance coverage Group.
