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Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announces today, it has agreed to acquire (subject to regulatory approval) a majority shareholding in leading High Net Worth (HNW) broker Stanhope Cooper and MGA Renovation Underwriting.
Under the agreement, Ardonagh will acquire a shareholding in N&W Investments, which holds Stanhope Cooper, Renovation Underwriting, and also the businesses, Insurance Tailors and Porterhouse Brokers. Stanhope Cooper is a high-growth, multi-generation family brokerage based in Petersfield, providing insurance and risk management advice to HNW private clients and business owners.
The firm was founded in 2006 and is led by Managing Director, William Cooper, who took over the reins of the business from his father and company Chairman, Nicholas Cooper, in 2012. William will continue to lead the business in his current role.
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