Ardonagh Advisory to acquire Rowett Insurance Broking
Ardonagh Advisory today announces that it has agreed to acquire Rowett Insurance Broking Limited
Rowett specialises in commercial, and personal insurance from its offices in St Austell and Plymouth, and its subsidiary company AGRi Insurance Facilities Ltd specialises in wholesale agricultural insurance running from its office in Darlington and their base in St Austell.
Upon completion, Founder and Managing Director, Glyn Rowett will remain at the company along with staff including Rowett Directors Matthew Nile and Gareth Rowett.
Glyn Rowett commented: “After several discussions across the market, Ardonagh Advisory emerged as the best fit for our business. Through our membership of Bravo Networks, we have long benefited from their strong operational support and access to markets, and I’d like to take the opportunity to thank Phil Bayles, Chief Commercial Officer of Ardonagh Advisory, who I have worked with for many years through our Bravo Networks membership, for his support through this process. It’s exciting to know our people and clients will now have the full advantage of Ardonagh’s breadth and scale – aligned by a shared focus on achieving the best insurance and risk management advice for our clients”
Richard Tuplin, CEO of Advisory Insurance Brokers Ltd, said: “Rowett Insurance is highly complementary to our agricultural specialism and bolsters our presence in the southwest of England. Rowett’s longstanding connections with farming communities are a testament to the high calibre people who we look forward to welcoming.”
Jaime Swindle, CEO of Geo Underwriting added: “We are delighted to welcome
AGRi Facilities to the Geo Underwriting family. Their strong client relationships align perfectly with our commitment to delivering tailored solutions across the UK, and their experience will further enhance our deep expertise in farming and agricultural insurance. Together, we will continue to build on their solid foundation, ensuring the best possible outcomes for our clients and partners.”
ENDS
Notes to editors
For more information, please contact media@ardonagh.com
ARDONAGH ADVISORY
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 Health & Protection, Thompson & Bryan and Usay Compare brands.
With legacies which laid the foundations for the creation of The Ardonagh Group, these are advice-led, community-focused businesses with an unrivalled local footprint of experts across a wide range of sectors and specialisms, combined with national and international reach.
THE ARDONAGH GROUP
The Ardonagh Group is one of the world’s largest independent insurance distribution platforms and a top 20 global broker. We are a collection of best-in-class entrepreneurial and specialist brands with a combined workforce of over 10,000 colleagues and a network spanning 200+ locations in more than 30 countries. Across our portfolio, we offer a highly diversified range of insurance-related products and services across the full insurance value chain globally. From complex multinational corporations to individuals purchasing personal insurance policies, our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver a broad range of product and risk solutions that meet customer needs.
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