shutterstock_788038048

17 May 2024Insurance

Ardonagh swoops on Brazilian broker for LatAm expansion

Ardonagh Group has acquired a Brazilian broker for approximately £123 million that it intends to fund through the group’s available liquidity.

Already registered?

Login to your account

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

Ardonagh in landmark deal to acquire Australian broker for A$2.3bn

8 May 2024 The acquired firm has over 40 trading brands and operations in seven countries.

Ardonagh sets leadership for Dutch broking arm in bid to create ‘powerhouse’

1 May 2024 New management features ex-Marsh leader; will seek more M&A in the country.

Ardonagh snaps up €45.5m GWP broker in ‘mature and complex’ European market for expansion

30 April 2024 It builds on a series of recent acquisitions in Ireland, the Netherlands, Switzerland, and Greece.

More articles

Delegated authorities ride E&S growth, despite ‘double-edged’ risks

Rokstone launches $10m facility to cover global perils with NormanMax

CFC continues transaction liability expansion with new European office

WTW teams up with Kayna and Vibrant to enhance cybersecurity insurance

Britannia P&I to seek minimum 7.5% rate gain from members in 2025/6

Root Platform launches programme to upskill insurance industry coders

Property looks perma-hard, but never care-free, says Zurich’s Greco

Allstate faces $4.8bn YTD cat losses

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze