Lorega finds “natural home” at Ardonagh
Lorega will go to the “next level” under Ardonagh’s ownership, former leader and current CEO of Vizion Insurance Brokers John Sims has predicted.
As revealed by Insurance Age the consolidator’s managing general agent segment Geo Underwriting snapped up the loss recovery insurance specialists on Monday. It will continue to be led by managing director Neill Johnstone and operate independently under the Lorega brand. Johnstone and the management team have retained a shareholding in the new entity.
“I’m really pleased for the team,” said Sims who left Lorega in 2010 after just over two years with the business.
“It is the natural home for
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