In a decisive move concluding a year marked by robust growth, Ardonagh Advisory has confirmed the acquisition of Westfield Brokers Ltd, operating under the name Westfield Insurance.
The independent commercial broker, headquartered in Horsham, West Sussex, specialises in a diverse range of general insurance products such as fleet, liability, and contractors.
Established in 2009 by industry veteran Peter Cowan, Westfield Insurance has built a reputation for client-centric service and operational excellence.
Peter Cowan will retain his role as Managing Director, guiding the business under the Ardonagh Advisory umbrella and enhancing Ardonagh’s existing foothold in the West Sussex region.
Joe Conway, M&A Director at Ardonagh Advisory, expressed enthusiasm about the addition, stating, “Westfield Insurance is a vibrant business that provides an outstanding service to clients thanks to its team of knowledgeable experts. The news that this business is set to join us really is the final flourish in what has been a remarkable year for Ardonagh Advisory.”
Ardonagh Advisory has experienced significant expansion in 2023, welcoming esteemed businesses such as Stanhope Cooper, Renovation Underwriting, Pace Ward, PB Curran, and most recently, RiskSTOP Group. Conway anticipates further growth in 2024, citing the broadening of geographical reach and specialisation as key contributors to the group’s success.
Peter Cowan, Managing Director of Westfield Brokers Ltd, commented on the alignment of values and purpose between the two entities, stating, “We chose to join Ardonagh Advisory because there was a complete alignment in our culture, values, and purpose. I know that we will be able to continue offering the same exceptional service our clients have come to know and trust.”
The acquisition is pending regulatory approvals, marking the final chapter in a year marked by strategic moves and expansions for Ardonagh Advisory.
