Deals: Ardonagh Advisory Buys Rowett Insurance Broking

The latest acquisition has been announced by Ardonagh Advisory;

Ardonagh Advisory today announces that it has agreed to acquire Rowett Insurance Broking Limited

Rowett specialises in commercial, and personal insurance from its offices in St Austell and Plymouth, and its subsidiary company AGRi Insurance Facilities Ltd specialises in wholesale agricultural insurance running from its office in Darlington and their base in St Austell. 

Upon completion, Founder and Managing Director, Glyn Rowett will remain at the company along with staff including Rowett Directors Matthew Nile and Gareth Rowett.

Glyn Rowett commented: “After several discussions across the market, Ardonagh Advisory emerged as the best fit for our business. Through our membership of Bravo Networks, we have long benefited from their strong operational support and access to markets, and I’d like to take the opportunity to thank Phil Bayles, Chief Commercial Officer of Ardonagh Advisory, who I have worked with for many years through our Bravo Networks membership, for his support through this process. It’s exciting to know our people and clients will now have the full advantage of Ardonagh’s breadth and scale – aligned by a shared focus on achieving the best insurance and risk management advice for our clients”

Richard Tuplin, CEO of Advisory Insurance Brokers Ltd, said: “Rowett Insurance is highly complementary to our agricultural specialism and bolsters our presence in the southwest of England. Rowett’s longstanding connections with farming communities are a testament to the high calibre people who we look forward to welcoming.”

Jaime Swindle, CEO of Geo Underwriting added: “We are delighted to welcome

AGRi Facilities to the Geo Underwriting family. Their strong client relationships align perfectly with our commitment to delivering tailored solutions across the UK, and their experience will further enhance our deep expertise in farming and agricultural insurance. Together, we will continue to build on their solid foundation, ensuring the best possible outcomes for our clients and partners.”