1 November 2017Insurance

Aon completes €295m Unirobe Meeùs Groep acquisition

Aon Groep Nederland completed its acquisition of Unirobe Meeùs Group (UMG) from Aegon for €295 million, according to a Nov. 1 statement.

The acquisition encompasses the whole of Unirobe Meeùs Group and on completion, Aon will be the leading insurance broker and risk advisor in all business-to-business market segments in the Netherlands, the company said. The combination of forces will strengthen the position of the company in the small and medium-sized enterprises (SME) and consumer markets.

“This acquisition will drive value for clients of both UMG and Aon as we combine the knowledge and experience of UMG with Aon’s teams in the Netherlands, as well as with our global network,” said Marc van Nuland, country manager of Aon Netherlands.

Get the latest re/insurance news sent to your inbox every day -  Sign up to our free email newsletters

Other stories from Wednesday's AM newsletter

Swiss Re appoints new head of casualty reinsurance

Nat cat costs push RenaissanceRe into loss in Q3

Fidelis launches first MGA, hires Hiscox Re head of specialty

Beazley launches financial lines products in Asia

R&Q strikes motor agreement with Forestry Insurance Company

Sompo launches global agriculture re/insurance platform initiative

The Standard Club announces new chairman

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
4 September 2017   Broker Aon is to acquire US-based real estate and investment management firm Townsend Group, majority owned by Colony NorthStar, for $475 million.
Insurance
8 August 2017   Aon Groep Nederland has entered into an agreement to acquire Unirobe Meeùs Groep (UMG) from Aegon for €295 million. The transaction is expected to close in the fourth quarter of 2017.
Insurance
8 November 2017   Aon has named Jim Gloriod as CEO of its US Construction Services Group, responsible for the construction, power and the environmental practices.