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 traces.
The corporate’s management will stay beneath the steering of Christine McLellan, who has been on the helm since 1993 and can proceed her function as managing director.
The Anderson crew will combine into the North Division of Ardonagh Advisory Normal Insurance coverage (GI) Broking.
This division is beneath 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 sturdy consumer relationships and delivering distinctive service aligns completely with our values. With their a long time of experience and robust fame, they may play a key function in strengthening our presence in Lancashire and driving future progress.”
McLellan added: “That is an thrilling step for Anderson & Co as we be a part of forces with Ardonagh Advisory. Their sources and assist will permit us to boost our providing whereas staying true to the values which have outlined our enterprise for over 50 years. I sit up for persevering with to guide our unbelievable crew and constructing on the sturdy foundations we have now created.”
In December 2024, Stone Level Capital entered an settlement to put money into Ardonagh Group, changing into its vital shareholder.
Final 12 months in October, Ardonagh Advisory Broking Holdings, the small to medium-sized enterprise broking platform of Ardonagh Group, reached an settlement to amass Rowett Insurance coverage Broking within the UK.
Rowett, with places of work in St Austell, Plymouth, and Darlington, County Durham, offers a various vary of insurance coverage merchandise encompassing industrial and private traces.
