Reinsurance News

Ardonagh Europe acquires Léons Group

4th July 2022 - Author: Pete Carvill

Ardonagh Europe has acquired Dutch broker firm and consultancy Léons Group.

The Ardonagh GroupHeadquartered in Amsterdam and founded in 1951 by Max Léons, Léons Group specialises in full-service insurance solutions to corporate clients and is renowned for expertise in complex cases and international operations.

It will continue to operate independently as part of Ardonagh Europe under the direct leadership of Sunny and Nico Léons, alongside its existing shareholders and management team.

Conor Brennan, CEO of Ardonagh Europe, said “We are excited to welcome Léons to Ardonagh, together building on their Dutch roots and solid reputation in the market to build a portfolio of brands and insurance broker companies that are leaders in their target markets.”

Léons Group is a founding member and shareholder of Brokerslink, a global network that brings together market-leading, independent brokers from 125 countries and supports them with world-class, risk management, and insurance services.

Stratumn, by SIA Partners

CEO Sunny Léons was for many years a board member and one of the initiators of further consolidation within Brokerslink to build an international broker together with partners.

Brennan added: “Sunny and Nico have built a unique business with a special culture that will fit 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.”

The purchase is still, according to Ardonagh Europe, awaiting regulatory approval.

This is the latest acquisition on the continent by Ardonagh Europe, which was set up in July 2021 as part of the Ardonagh Group’s desire to take its buy-and-build model to the continent.

The division is part of the Ardonagh International segment and operates alongside Ardonagh Global Partners, which launched back in April 2021 under the leadership of Des O’Connor.

Ardonagh Europe is led by Brennan, who also serves as CEO of Arachas, Ireland’s largest and fastest growing specialist corporate broker, which joined Ardonagh in 2020.

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

Print Friendly, PDF & Email

Recent Reinsurance News