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Ardonagh Advisory has bought SIB Insurance coverage, an unbiased industrial dealer from the Northwest of England.
SIB Insurance coverage gives cowl entry throughout a broad vary of dangers and has expertise within the industrial, care, and agricultural sectors.
Based in 1965, SIB Insurance coverage has round 20 staff and can proceed to be led by managing director Ian Robertson.
Richard Tuplin, CEO Ardonagh Advisory Insurance coverage Broking Ltd, mentioned: “SIB Insurance coverage is a high-quality regional dealer with clear specialisms that has earned the respect of its longstanding client-base over many a long time by delivering wonderful service.
“Inside Ardonagh Advisory we’ve developed actual experience in giving our new companies every thing they should stay consumer centric, whereas additionally giving them the platform to achieve the subsequent stage.
“I’m wanting ahead to working with Ian and the workforce and supporting SIB Insurance coverage’s onward success as a part of Advisory.”
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Robertson continued: “Ardonagh Advisory is a good residence for SIB Insurance coverage, the location alternatives we’ll now have entry to offers us an awesome foundation from which to develop, whereas additionally enabling us to supply much more to our present purchasers.
“It’s truthful to say that our companies share a whole lot of widespread values and I do know that we’re going to get pleasure from a protracted and profitable future collectively.
“I’d wish to say an enormous thanks to our implausible workforce and to all our purchasers who’ve been there all through our journey and we look ahead to supporting them into the long run.”
Joe Conway, Ardonagh Advisory M&A director, added: “It’s been a pleasure attending to know Ian by way of the method, and I’m thrilled to have the ability to welcome him and the workforce to Ardonagh Advisory. Advisory provides quite a bit to prime quality companies and we’re very a lot open for conversations with different events.”
Ardonagh Advisory has additionally accomplished its acquisition of Westfield Brokers following its announcement in December 2023.
Westfield is an unbiased industrial dealer primarily based in West Sussex, UK, and it provides a spread 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 targeted on consumer service and excellence.
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