Ardonagh Group
The Ardonagh Group claims to be one of the world’s largest independent insurance distribution platforms and a top 20 global broker.
It has a combined workforce of over 10,000 people and a network spanning 200+ locations in more than 30 countries.
Across its portfolio, Ardonagh offers a 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.
In the UK the Ardonagh Advisory platform includes Towergate which employs 2,000 people providing insurance products to small and medium sized enterprises (SMEs), corporate clients and specialist personal cover; and Bravo Networks which houses two of the largest networks of independent regional brokers in the UK: Broker Network and Compass.
The Ardonagh Group reported pro forma income for 2023 of $1.9bn (£1.45bn) and pro forma adjusted EBITDA of $695m, including completed and committed acquisitions to 20 March 2024. Ardonagh’s shareholders are Madison Dearborn Partners, LLC (MDP) and HPS Investment Partners (HPS).
Ardonagh Advisory opens 2025 M&A account with Anderson & Co
Ardonagh Advisory has snapped up Blackpool-based Anderson & Co (Insurance Brokers), kicking off its buying for 2025.
Marshberry: US consolidators bypassing UK for Euro deals as targets dry up
Acquisitive US brokers might favour deals in territories outside the UK to enter and grow in Europe as the number of targets here shrinks.
In Depth: Risk-first broking – unlocking better terms through risk insights
To win out in the future brokers need to evolve from being insurance policy facilitators to proactive risk managers. Alan Sumner, risk management director, general insurance broking at Ardonagh Advisory, explains.
Prestige becomes preferred non-standard household partner for Ardonagh Advisory
Specialist managing general agent Prestige Underwriting has entered a strategic partnership with Ardonagh Advisory.
New analysis: A short history of broker rebrands as Ardonagh bins ‘Towergate’
Yesterday Insurance Age revealed that Ardonagh Advisory is to become Everywhen, with the long-standing brand Towergate among those disappearing. Jonathan Swift takes a look at other post-2000 broker rebrands for pointers as to whether it might be…
Rawlinson promoted as Donaldson exits Markerstudy for Ardonagh
Markerstudy Distribution CEO Ian Donaldson has left to rejoin Ardonagh with Emma Rawlinson promoted as his successor, eight months after the £1.2bn personal lines acquisition completed.
Ardonagh Advisory to be renamed Everywhen with Towergate brand set to exit
Ardonagh Advisory will change its name to Everywhen this year, Insurance Age can reveal, with client facing brands including Towergate set to switch in a second phase moving into 2026.
Analysis: As we enter 2025 let’s ask one big question: ‘What will Marsh do next?’
Gallagher, Aon, Ardonagh and Howden have all had a busy 12 months in terms of consolidating their positions within the UK’s top five insurance brokers table. Their fellow intermediary powerhouse Marsh, however, has been comparatively quiet. Jonathan…
CEO Ross hails “new phase” as Ardonagh valued at £11bn after Stone Point investment
Ardonagh has announced an equity investment from funds managed by US-based private equity firm Stone Point Capital LLC, the alternative investment management specialist, that values the broking group at $14bn (£11.04bn).
Coles leads MBO of Ardonagh retail MGA Uris Group
Uris Group, the Ardonagh-owned specialist personal lines MGA and services provider, has been sold to a new vehicle backed by its leader Derek Coles, Insurance Age can reveal.
Blackrock to buy Ardonagh-backer HPS in $12bn deal
Global investment management company Blackrock has signed up to buy long-standing Ardonagh backer HPS Investment Partners in a $12bn (£9.43bn) deal.
Review of the Year 2024: iprism’s Ian Lloyd
Ian Lloyd, CEO of iprism, reflects on integrating the MGA’s first acquisition, the over-use of the term AI and how he might shake the curse of ‘dad dancing’ by appearing on Strictly Come Dancing.
Polaris at 30 – Phil Bayles
In the final day of the Polaris at 30 Q&A series Ardonagh’s Phil Bayles assesses the development of digital trading from slow, cumbersome and inflexible systems to becoming mainstream.
Ardonagh Advisory buys Rowett Insurance Broking
Ardonagh Advisory has agreed to acquire commercial and personal insurance broker Rowett Insurance Broking.
Markerstudy confirms 750 job cuts after Atlanta buy
Markerstudy has confirmed that around 750 jobs will be cut following the £1.2bn acquisition of Ardonagh’s personal lines business.
Ardonagh completes PSC buy
Ardonagh has closed the deal for PSC Insurance Group in a move which includes bolstering its advisory business with a Top 100 UK broker.
Anscombe, Thomas Carroll and Konsileo among the winners at UK Broker Awards 2024
Thomas Carroll Group scooped the Broker of the Year award, and Seventeen Group CEO Paul Anscombe won the Achievement Award, at the UK Broker Awards last night in Birmingham.
Underinsurance: how big is the problem and what can brokers do to solve it?
Inaccurate buildings sums insured are one of the biggest causes of claims disputes, creating problems for policyholders, brokers and insurers.
Towergate Health & Protection grows employee benefits business
Towergate Health & Protection has expanded its employee benefits business with the acquisition of Benefiz.
Video Q&A: Bravo Networks development director Kevin Westcott
With Broker Expo just over a week away, Bravo Networks development director Kevin Westcott spoke to Jonathan Swift about why data is such a crucial aspect of embedding the right placement strategy for brokers.
Video Q&A: Geo Underwriting CEO Jaime Swindle
In the run-up to Broker Expo next week, Geo Underwriting CEO Jaime Swindle spoke to Insurance Age content director Jonathan Swift about why the business has a different look and feel today than in the past.