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 buys Alice Castle
Ardonagh Advisory has agreed to buy professional indemnity and cyber insurance specialists Alice Castle, Insurance Age can reveal.
Income and Ebitda up at Ardonagh Advisory in Q1
Ardonagh Advisory has posted a surge in income for the first three months of 2022 to £95.5m.
Aviva halfway to regional underwriter recruitment target
Aviva has added a net 20 new underwriters to its underwriting team in the regions, chief distribution officer Gareth Hemming told Insurance Age.
30 minutes with: Ardonagh's Rob Worrell
Rob Worrell joined Ardonagh Advisory – which includes Towergate, Ethos Broking and the networks business – in 2017. Insurance Age caught up with him to find out what has changed for the £4bn GWP broker
Ardonagh launches internship and graduate scheme
The Ardonagh Group has launched Ardonagh Academy in partnership with the Centre for Creative Leadership.
Interview: Richard Tuplin, Towergate
After 40 days in the role the new Towergate Insurance Brokers CEO Richard Tuplin explains his approach to the job along with the challenges and opportunities ahead.
Mark Coffey leaves Atlanta
The director of trading had been with the firm for nearly four years.
Up to 9000 Ardonagh staff in line for £1,000 bonuses
Employees will get the cash bonuses in April.
Income and Ebitda soars in 2021 for Ardonagh’s advisory division and up in retail
Group reveals income of £945.8m and £220.3m of Ebitda.
Joe Thelwell exits Towergate
The CEO of Towergate Insurance Brokers is to be replaced by Ethos-boss Richard Tuplin.
Aviva partners with Broker Network after a decade apart
The provider also works with Bravo Networks' other proposition, Compass.
Aon confirms cyber incident
Firm states its ability to serve clients has not been impacted by the event.
McClarrons appoints MD
The broker also welcomed Ardonagh's Philippa Farthing as group finance & operations director and Hiscox's Alastair Morley as head of claims.
Profile: Phil Bayles' liberation - from Aviva to Ardonagh
Ardonagh Advisory's chief commercial officer reflects on 18 years at Aviva, finding freedom at the "dynamic" Ardonagh, and outlines his plans for the future.
In Person: Emma Rawlinson, Atlanta CEO
Rawlinson tells Insurance Age about taking over the reins from Ian Donaldson and discusses the broker's acquisition plans and the "volatile" personal lines market.
Ardonagh to buy MDS Group
The deal furthers the broker’s plan to expand its worldwide reach after revealing fresh investment from the Abu Dhabi Investment Authority earlier this month.
Ardonagh valued at $7.5bn as it reveals fresh investment
The Abu Dhabi Investment Authority joins group of investors alongside existing shareholders MDP and HPS.
Blog: Making financial communication plain
Atlanta's Karen Hogg explains how using plain numbers can improve customer care.
People Moves: 6-10 December 2021
Keep up to the date with the latest industry moves.
Ardonagh Retail names chairman
Andy Higginson will join the broker's retail business, working closely with Ardonagh Retail CEO Ian Donaldson, Atlanta CEO Emma Rawlinson, and chief commercial officer Craig Ball.
Ardonagh reshuffles senior team
Jaime Swindle joins Geo Underwriting while Scott Bennett takes on the MD position at Bravo Networks.
Ardonagh reports growth in income in Q3 2021 update
Consolidator says it completed £125m of investment in Q3 including its purchase of Usay Group in the UK, as it reports significant reduction in loss for the first nine months of the year.
Market Analysis: Broking consolidation from 2010 to today – how the top 100 has changed
Insurance Age content director Jonathan Swift charts consolidation among the top 100 intermediaries from 2010 to today and reflects on the biggest winners in terms of M&A success
Ardonagh completes BGC deal
First announced in May, the deal was sealed for a cash consideration of $500m (£354m).