Ardonagh sells UK commercial MGA business to Arch for £31m

01-11-2018

Ardonagh sells UK commercial MGA business to Arch for £31m

iStock/ Martin Barraud

After selling the claims business of Direct Group for £36 million earlier this month, UK intermediary Ardonagh Group has revealed that it is selling its commercial managing general agency (MGA) businesses to Arch UK Holdings for up to £31 million.


Ardonagh Group, Arch UK Holdings, Arch Insrance Europe, Acquisition, M&A, Commercial insurance, MGA, UK, Geo Underwriting, London Market, David Ross

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