Announcements
Ardonagh secures major investment valuing the Group at $7.5 billion
The Ardonagh Group (“Ardonagh” or the “Group”) today announced a significant new equity investment into the Group led by existing long-term shareholders Madison Dearborn Partners, LLC (“MDP”) and HPS Investment Partners (“HPS”), alongside new co-investors through accounts managed by MDP and HPS, including a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”), and several other large global institutions.
Ardonagh Advisory makes senior appointments to drive digital strategy
Ardonagh Advisory Holdings Ltd (“Ardonagh Advisory”) today announces the appointment of Marcus Golby as Chief Operating Officer and Tom Clark as Chief Technology Officer.
Andy Higginson to join Ardonagh Group as Chairman of Ardonagh Retail
The Ardonagh Group, a leading global insurance brokerage and service provider, is pleased to announce the appointment of Andy Higginson as Chairman of Ardonagh Retail, its online consumer business which caters for 3 million customers in the UK and Ireland. Andy’s appointment is subject to regulatory approval.
Ardonagh announces internal senior promotions
The Ardonagh Group today announces the promotions of two senior leaders within its platforms. Jaime Swindle is joining the leadership team at Geo Underwriting to support the development of its UK commercial MGA proposition from 1 December. She will join Derek Coles’ executive committee and work alongside chief commercial officer Nick Sharp.
Inver Re hires Chris Sharpe for business strategy and innovation role
Inver Re has made another key appointment to its leadership team, with Chris Sharpe joining the new reinsurance platform as Strategy, Innovation and Business Development Director.
The Ardonagh Group Nine Month Results 2021
The Ardonagh Group (‘Ardonagh’ or ‘Group’) today announces results for the nine months ended 30 September 2021. Income increased by 30.1% from £519.5 million to £675.7 million with especially strong growth in the Specialty and International platforms. Organic growth in the third quarter was 10%.