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 strains.
The corporate’s management will stay below the steerage of Christine McLellan, who has been on the helm since 1993 and can proceed her function as managing director.
The Anderson group will combine into the North Division of Ardonagh Advisory Basic Insurance coverage (GI) Broking.
This division is below the management of Stephen Boyd, North divisional managing director.
Boyd stated: “I’m thrilled to welcome Anderson & Co to Ardonagh Advisory. Their dedication to constructing robust consumer relationships and delivering distinctive service aligns completely with our values. With their many years of experience and powerful repute, they are going to 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 stay up for persevering with to steer our unbelievable group and constructing on the robust foundations we now have created.”
In December 2024, Stone Level Capital entered an settlement to spend money on 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 accumulate 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 strains.
