Ardonagh Advisory Broking Holdings, the small and medium-sized enterprise broking platform of the Ardonagh Group, has agreed to accumulate Rowett Insurance coverage Broking within the UK.
Rowett presents a wide range of insurance coverage merchandise together with each business and private traces from its UK workplaces in St Austell, Plymouth and Darlington.
Its subsidiary, AGRi Insurance coverage Services, focuses on wholesale agricultural insurance coverage.
Glyn Rowett, the founder and managing director of Rowett, will proceed with the corporate.
He can be joined by employees members together with administrators Matthew Nile and Gareth Rowett.
Glyn Rowett mentioned: “After a number of discussions throughout the market, Ardonagh Advisory emerged as the perfect match for our enterprise.
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“By our membership of Bravo Networks, now we have lengthy benefitted from their sturdy operational assist and entry to markets, and I wish to take the chance to thank Phil Bayles, chief business officer of Ardonagh Advisory, who I’ve labored with for a few years by way of our Bravo Networks membership, for his assist by way of this course of.”
Rowett offers an array of agricultural insurance coverage options that cowl farm and agricultural autos, tools and threat administration options.
Its experience spans business motor, property, legal responsibility and enterprise insurances.
It additionally presents a variety of covers, from automotive and home insurance coverage to journey and automobile breakdown cowl.
Advisory Insurance coverage Brokers CEO Richard Tuplin mentioned: “Rowett Insurance coverage is very complementary to our agricultural specialism and bolsters our presence within the south-west of England. Rowett’s long-standing connections with farming communities are a testomony to the high-calibre individuals who we look ahead to welcoming.”
Ardonagh Advisory Broking homes manufacturers similar to Bravo Networks, Footman James and Towergate.
Final month, Ardonagh Group accomplished its acquisition of PSC Insurance coverage Group.
