Reinsurance News
The Ardonagh Group
Ardonagh rebrands MGA operations as Orvia Underwriting, unifying $3bn in GWP
27th October 2026
The Ardonagh Group, a large independent insurance distribution platform, has announced it will adopt the Orvia Underwriting brand across its suite of leading managing general agent (MGA) businesses. The unified platform brings together more than $3 billion in gross written premium (GWP) and triggers a number of executive appointments designed to ... Read the full article
Antonio El Hokayem to lead Ardonagh’s Antarah as CEO
30th September 2026
The Ardonagh Group has appointed Antonio El Hokayem as Chief Executive Officer (CEO) of Antarah, its authorised Lloyd’s of London Coverholder and managing general agent (MGA) subsidiary for the Middle East and African territories, subject to customary regulatory approvals. El Hokayem has deep expertise across underwriting, placement and portfolio management. Since 2022, ... Read the full article
Larrondo joins MDS Group’s Marine Insurance business as Global Director
5th June 2026
The MDS Group, part of The Ardonagh Group, has announced the appointment of Adrián Larrondo as Global Director of its Marine Business, a Madrid-based role. Larrondo will leverage his more than three decades of international experience in the maritime and insurance sectors, to lead the international development of this business line. He ... Read the full article
James Kalbassi named The Ardonagh Group’s new representative on Brokerslink Board
2nd April 2026
Global broking business Brokerslink has announced a change to its Board of Directors relating to the representative of shareholder The Ardonagh Group. The Ardonagh Group has named James Kalbassi as its new representative on the Brokerslink Board. Kalbassi brings over three decades in the insurance broking industry and currently serves as Executive ... Read the full article
Ardonagh’s Orvia Underwriting strengthens leadership team with senior hires
1st April 2026
Ardonagh's Orvia Underwriting has announced a number of senior leadership appointments, strengthening its underwriting, distribution, technology, and operational capabilities as it scales across European markets and business lines. Launched in January 2026, Orvia Underwriting is The Ardonagh Group’s new pan-European MGA platform. Orvia has named Paul Nolan as Chief Underwriting Officer, responsible ... Read the full article
Ardonagh Group acquires majority stake in Hong Kong based broker, RMIB
17th February 2026
The Ardonagh Group, a global independent insurance broker, has acquired a majority stake in Risk Management Insurance Brokerage Limited (RMIB), a Hong Kong-based specialist insurance brokerage. The move aligns with the group's long-term plan to strengthen its capabilities in employee benefits and specialist risk advisory in the region RMIB will join Ardonagh’s ... Read the full article
Ardonagh acquires majority stake in Hong Kong’s Apex Insurance
3rd July 2025
The Ardonagh Group has acquired a majority stake in Apex Insurance (Holdings) Limited in Hong Kong. The move strengthens Ardonagh’s footprint in the region, as it will operate Apex alongside PSC’s Hong Kong operations, PSC HK Insurance Group (PSC HK). The acquisition also aims to deepen Ardonagh’s in-market expertise through Apex’s ... Read the full article
Ardonagh completes $2.5bn equity investment led by Stone Point Capital
30th June 2025
The Ardonagh Group, a global independent insurance broker, has announced the completion of the previously announced $2.5 billion equity investment led by funds managed by US-domiciled private equity firm Stone Point Capital LLC, valuing the group at $14 billion. This landmark transaction sees Stone Point become a significant shareholder in ... Read the full article
The Ardonagh Group acquires Zurich-based broker SRB
24th April 2025
The Ardonagh Group, a large independent insurance distribution platform, has acquired Zurich-based broker SRB Assekuranz Broker AG (SRB). According to Ardonagh, SRB, which focuses on corporate customers, primarily in the industrial sector, shares a long-standing relationship with and will operate as part of MDS Group, its platform for Latin America and ... Read the full article
Wim Hekstra named new CEO of Ardonagh Netherlands
17th April 2025
Ardonagh Netherlands, the Dutch arm of The Ardonagh Group, has announced the appointment of Wim Hekstra as Chief Executive Officer, effective June 1st, 2025. In his new role, Hekstra will lead Ardonagh Europe’s regional growth strategy as the business continues to expand its presence in the corporate, SME, and high-net-worth brokerage ... Read the full article
Ardonagh reports FY’24 income increase of 24%
27th March 2025
Global insurance intermediary The Ardonagh Group has reported a 24% increase in income for the full year 2024 (FY’24) to $1.99 billion as adjusted EBITDA grew by 31% to $683 million. The pro forma income for FY’24 was reported at $2.5 billion, and pro forma adjusted EBITDA is $941 million, including ... Read the full article
Ardonagh launches new global data and technology unit
26th March 2025
The Ardonagh Group has launched Ardonagh Intelligence, a new global data and technology unit aimed at harnessing the best of robotics, machine learning, and data enrichment across its businesses. "Ardonagh Intelligence will create a single view of the data and technological capabilities across the Group, which now employs more than 100 ... Read the full article
Ardonagh acquires stake in Dutch firms PIA & PIN
24th January 2025
Global insurance intermediary The Ardonagh Group's Netherlands arm has reached an agreement to acquire a substantial stake in two key players in the Dutch high-net-worth insurance sector: Private Insurance Assuradeuren B.V. (PIA) and Private Insurance Nederland B.V. (PIN). PIA, a Managing General Agent (MGA), specialises in the creation and distribution of ... Read the full article
Insurance broker Ardonagh secures landmark Stone Point investment
18th December 2024
The Ardonagh Group, an independent insurance broker, has secured an equity investment from funds managed by US-domiciled private equity firm, Stone Point Capital LLC, which values the group at $14 billion. This landmark transaction is expected to complete in mid-2025 and sees Stone Point become a significant shareholder in Ardonagh, alongside ... Read the full article
Ardonagh Advisory to acquire Rowett Insurance Broking
1st November 2024
Ardonagh Advisory, a UK insurance broking and consulting firm, has announced its agreement to acquire Rowett Insurance Broking Limited. Rowett specialises in commercial and personal insurance from its offices in St Austell and Plymouth. Its subsidiary, AGRi Insurance Facilities Ltd, focuses on wholesale agricultural insurance, operating from Darlington and St Austell. Upon ... Read the full article
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