The Ardonagh Group
The acquisition of BGC’s insurance businesses is helping the independent broker’s business to grow bigger and faster, says Antony Erotocritou, CEO of Ardonagh Specialty.
In an ideal realm, brokers would hold a steadfast position regardless of market conditions. But the reality paints a different picture, says Steve Hearn, CEO of Inver Re, speaking ahead of Re/insurance Outlook Europe 2023, a conference taking place in Zurich in June.
From algorithmic underwriting to regulator interest in Europe’s big protection gap, and the potential for a fundamental market rethink, an Intelligent Insurer panel discussed the trends in what could be yet another unprecedented year.
A ‘chaotic’ 1/1 and ongoing uncertainty suggest 2023 will bring quite a few twists and turns to the market. Industry experts share their trend predictions.
15 September 2023 The merged group will transact £3bn+ annual GWP across multiple personal lines products.
5 September 2023 The executive previously led and developed the practice at Aon and Howden.
4 September 2023 Ardonagh Advisory acquired a majority shareholding in the businesses.
3 August 2023 The acquired firm to sit within its Ethos Broking business.
2 August 2023 Deal aligns with European growth strategy; complements Léons and Klap.
11 July 2023 He aims to create a market that will be ‘better, faster and cheaper’.
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