Ardonagh expands European presence with entry into Dutch market

Ardonagh Europe, a subsidiary of UK insurance intermediary  The Ardonagh Group, has entered the Dutch market with the acquisition on an insurance brokerage and consultancy firm in the Netherlands.

The company has completed its acquisition of Léons Group, which specialises in full-service insurance solutions to corporate clients, with particular expertise in complex cases and international operations. Headquartered in Amsterdam, Léons was founded in 1951 by Max Léons.

The broker will continue to operate independently as part of Ardonagh Europe under the direct leadership of Sunny and Nico Léons, together with the shareholders and current management team. The Léons family maintains a stake in Léons Group as part of the transaction.

Conor Brennan, CEO of Ardonagh Europe, said: “We are delighted to welcome Léons to Ardonagh, building together on their Dutch roots and solid reputation in the market to develop a portfolio of brands and insurance broker companies that are leaders in their target markets.  Sunny and Nico have forged a unique business with a special culture that fits perfectly alongside the portfolio of independent businesses that Ardonagh has acquired over the last number of years. We are very excited by what we can achieve with our new partners in the Netherlands."

Sunny Léons added: “The Ardonagh Group and its leadership are a perfect match for our vision and growth ambitions. We are thrilled to join forces with a global platform with scale and dynamic culture, that embraces our family-owned concept. With access to Ardonagh’s considerable resource and capital, we look forward to joining them as our growth engine together with MDS and other partners, to build on an international group as individual partners”.

David Ross, CEO of The Ardonagh Group commented: “Welcoming this leading independent Dutch firm into the Group continues our meaningful global investment and further strengthens our relationship with members of Brokerslink. With independence core to our own success, this is a testament to the respect we have for this network, and the strength and quality of its membership.”

In December 2021, The Ardonagh Group announced the acquisition of MDS Group, an insurance broker and risk management advisor across the Portuguese-speaking world and Europe and founding member and shareholder in Brokerslink.

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