Ardonagh and Markerstudy’s £1.2bn merger confirmed
The Ardonagh Group and Markerstudy Group have agreed a merger between Markerstudy and Atlanta Group, Ardonagh’s personal lines broking business, to create a “major new player” in the UK insurance market.
News of a potential deal were surfaced at the British Insurance Brokers’ Association conference in May, when top executives from both firms were seen at a booth potentially discussing a deal.
Sources
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on News
Gallagher promotes for three northern regional MDs
Gallagher has made a series of leadership appointments in its UK and Ireland retail division, all of which operate in the north of England, and Scotland, covering 14 regional offices and 750 people.
Zurich buys AIG’s global travel insurance business
Zurich has completed a deal to take AIG’s global personal travel insurance and assistance business for USD $600m (£473m), plus a potential earn-out payment.
Government accused of rebranding leasehold ‘commission’ as ‘fees’
Yesterday (2 December) the government opened up a consultation looking for feedback regarding permitted fees for landlords, freeholders and property managing agents.
Ageas announces raft of personal lines hires
Ageas UK has today announced changes to its executive leadership team, as it commits to growing in the personal lines broker market.
Green Insurer CEO wants brokers to follow its path to carbon neutrality
Environmentally friendly motor broker The Green Insurer has achieved a carbon neutral certification through Carbon Neutral Britain.
Heidi Alexander appointed Transport Secretary
Following the resignation of Louise Haigh as transport secretary, Downing Street confirmed that Heidi Alexander has been appointed to replace her.
Transport Secretary Haigh quits over phone offence
Louise Haigh has resigned as transport secretary after pleading guilty to a criminal offence related to incorrectly telling police that a work mobile phone was stolen in 2013.
Rokstones’ disgrace cover; Risk Solved’s partnership; LMA's board additions
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.