Ardonagh Specialty Completes on Oxford Insurance Deal

The word from Ardonagh;

Further to its announcement in October that it had exchanged contracts, Ardonagh Specialty today announces the completion of its purchase of Oxford Insurance Group.

The addition of Oxford brings $250 million of gross written premium and additional capability in professional indemnity, general liability, marine and energy to the $7 billion premium placed by Ardonagh Specialty.

Ardonagh Specialty CEO Ant Erotocritou said: “We warmly welcome our new colleagues and clients across the UK, Switzerland, Liechtenstein and Dubai. We look forward to collaborating across our teams and specialisms to continue delivering customer-centric solutions to clients and using our scale to negotiate on their behalf.”

About alastair walker 11348 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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