Ardonagh Group snaps up Rural Insurance Group

UK insurance intermediary Ardonagh Group has acquired the assets of North Yorkshire-based Rural Insurance Group.

Rural is a specialist underwriter for rural and agricultural communities and joins Ardonagh’s suite of MGA brands including Geo Underwriting, AIUA and BIBU.

Derek Coles, CEO - MGA binders and facilities for Ardonagh Group, said: “Rural perfectly encapsulates what we strive for all Ardonagh’s specialist MGA brands to be. It’s a business firmly embedded in the communities it serves and renowned not only for its products across farming, rural and associated motor lines, but the expertise, service model and value it delivers to customers. The addition of Rural to the family further strengthens our commitment to serving the UK’s regional broking market with specialist solutions from dedicated experts and trusted brands.”

David Cahoon, managing director of Rural, added: “At Rural, we’re excited to be joining Ardonagh’s specialist MGA portfolio alongside many well respected and likeminded brands. We look forward to harnessing the scale and collective power of the UK’s largest independent insurance broking platform to further enhance our commitment to helping UK brokers serve the agricultural market, from the very small to the very large.”