Ardonagh Advisory announces double swoop.
Introduction
- Announce the official addition of two significant businesses, Stanhope Cooper and Renovation Underwriting, to the Ardonagh Advisory group.
- Mention that Ardonagh had previously agreed to acquire a majority stake in these businesses.
- Highlight the acquisition of a shareholding in N&W Investments, the parent company of the mentioned firms.
About Stanhope Cooper
- Please provide details about Stanhope Cooper, including its specialization in offering insurance and risk management advice to high net worth (HNW) private clients and business owners.
- Mention its growth trajectory under the leadership of managing director William Cooper.
- Stanhope Cooper will continue operating under William Cooper’s leadership as part of the Ardonagh Advisory platform.
About Renovation Underwriting
- Introduce Renovation Underwriting as a leading managing general agent (MGA) focusing on insurance solutions for private client contract works and high-value projects.
- Highlight the expertise and multi-award-winning status of Renovation Underwriting.
- Mention that Renovation Underwriting will integrate into Ardonagh’s UK Commercial MGA and its leadership role within the Commercial MGA executive committee under CEO Jaime Swindle.
Quotes from Ardonagh Executives
- Include statements from Richard Tuplin, CEO of Advisory Insurance Brokers, regarding the strategic value of Stanhope Cooper and its potential to enhance Ardonagh’s services.
- Quote Jaime Swindle, CEO of Ardonagh Advisory Commercial MGA, on the specialist nature of Renovation Underwriting’s products and the expertise it brings to the Commercial MGA.
Context on Ardonagh’s Acquisition Strategy
- Provide context by mentioning that Ardonagh has been actively acquiring businesses, with the addition of Sorvio Insurance as a recent example.
Conclusion
- Summarize the significance of the acquisitions of Stanhope Cooper and Renovation Underwriting for Ardonagh Advisory’s growth strategy and service offerings.
- Invite readers to share their thoughts on the story.