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Monday, April 15, 2024

Ardonagh Advisory finishes Westfield Insurance coverage acquisition

Ardonagh Advisory has accomplished its acquisition of Westfield Brokers following its announcement in December 2023.

Westfield is an impartial business dealer primarily based in West Sussex, UK, and it gives a variety of common insurance coverage merchandise together with fleet, legal responsibility and contractors.

It was based in 2009 by managing director Peter Cowan, who used his insurance coverage trade expertise to construct a agency that centered on shopper service and excellence.

Moreover, Cowan will proceed to guide the enterprise, which can be part of the Ardonagh Advisory platform, bolstering its presence within the area.

Richard Tuplin, CEO Ardonagh Advisory Insurance coverage Broking, mentioned: “Westfield Insurance coverage is a dynamic and buyer centered firm, which is pushed by an ethos of honesty and integrity.

“As culturally aligned companies, we all know that Westfield Insurance coverage will profit from the various assets and alternatives obtainable inside Ardonagh Advisory, serving to them to ship much more for purchasers.

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“It’s nice to have the ability to welcome Peter and the crew to Advisory and I sit up for reaching nice issues collectively.”

Cowan added: “When on the lookout for a brand new residence for Westfield Insurance coverage, it was vastly essential that we discovered a enterprise that may help us to serve our purchasers in the easiest way doable.

“Ardonagh Advisory has a lot to supply by the use of operational help, which suggests we can honour our shopper centric method.

“I’m more than happy to be beginning the following thrilling chapter within the growth of our enterprise with Ardonagh Advisory.”

Earlier in 2024, the Ardonagh Group introduced that it had agreed to accumulate Mediass, an impartial Italian insurance coverage dealer.

Primarily based in Pescara, Mediass serves greater than 120,000 clients, offering insurance coverage dealer providers to public enterprises, SMEs, massive corporates and retail purchasers.

The deal for Mediass offers Ardonagh a bigger presence in Europe and is its first huge buy in Italy for the reason that arrival of Ardonagh Italia CEO, Carlo Faina.

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