Announcements
Ardonagh’s landmark A$2.3 billion acquisition receives approval from PSC shareholders
The Ardonagh Group is pleased to announce PSC Insurance Group Limited (“PSC”) shareholders have voted in favour of its proposed acquisition by Ardonagh. Combining the best of PSC and Ardonagh will strengthen the Group’s global position in the retail, specialty and wholesale broking markets to deliver greater scale and efficiency benefits to clients, insurers, brokers and agencies.
Update on PSC Insurance Group Limited
The Ardonagh Group notes that PSC Insurance has released the Scheme Booklet on the Australian Securities Exchange (ASX), following registration of the Scheme Booklet with the Australian Securities and Investments Commission (ASIC). The Scheme Booklet will be sent to PSC Insurance shareholders who are scheduled to vote on the proposed Scheme of Arrangement on 26 September 2024.
Ardonagh Advisory to acquire R K Henshall
Ardonagh Advisory has agreed to acquire chartered insurance broker R.K. Henshall & Co. Limited, a Cheshire-based business with 35 people specialising in commercial insurance.
MDS Brasil announces the completion of the acquisition of D’Or Consultoria
MDS Brasil, a subsidiary of Ardonagh-owned MDS Group (“MDS”), today confirms completion of the previously announced acquisition of D’Or Consultoria, a broker specializing in Health, Dental, Life Insurance, and Pensions, which is part of Rede D’Or São Luiz S.A.
Geo Underwriting to acquire Navigators & General
Geo Underwriting, part of Ardonagh Advisory, today announces it will acquire the highly trusted and recognised brand Navigators & General (N&G) from Zurich UK.
Ardonagh Advisory acquires Shropshire-based Rollinson Smith Insurance Brokers
Ardonagh Advisory has acquired Rollinson Smith Insurance Brokers (“RSIB”), a leading community broker servicing the Shropshire, Staffordshire, West Midlands and North Wales regions with significant reach in London and other areas of the country.