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.”
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