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Ardonagh Europe completes acquisition of Léons Group, in the Netherlands

5th October 2022 - Author: Jack Willard

Ardonagh Europe, a subsidiary of The Ardonagh Group, has completed its acquisition of Léons Group, an independent family-owned insurance brokerage and consultancy firm in the Netherlands.

The Ardonagh GroupThe acquisition was originally announced in July earlier this year.

Headquartered 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.

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

Moreover, 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, building on successive years of growth.

Stratumn, by SIA Partners

At the same time, the Léons family maintains a stake in Léons Group as part of the transaction.

Conor Brennan, CEO of Ardonagh Europe says “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,” said Conor Brennan, CEO of Ardonagh Europe.

“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.”

Commenting on the acquisition, 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.”

Meanwhile, in December 2021, The Ardonagh Group announced the acquisition (subject to regulatory approval) 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.

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