The Ardonagh Group (“Ardonagh” or “the Group”), one of the world’s leading independent insurance distribution platforms, has acquired a majority stake in Risk Management Insurance Brokerage Limited (“RMIB”), a Hong Kong-based specialist insurance brokerage with a long-standing reputation for service quality and technical expertise.
Founded in 1996, RMIB has built a highly respected business in Hong Kong, advising clients across Employee Benefits, Property & Casualty, transport-related risks, and niche international programmes. RMIB is widely regarded by insurers and clients for its focus on long-term relationships, attention to detail, and consistently high service standards in a competitive market.
RMIB will join Ardonagh’s existing HK investments, alongside PSC HK, Apex Insurance, Charter Gilman Insurance Brokers, Charter-Union Insurance, and Trans-Pacific Insurance Brokers, further strengthening Ardonagh’s capabilities in employee benefits and specialist risk advisory in the region.
RMIB is led by longstanding Directors Bie Tong and Danny Yao, who will continue to lead the business and work closely with the Group to support collaboration, deepen insurer partnerships, and pursue sustainable growth.
Des O’Connor, Chief Commercial Officer, commented:
“Ardonagh sees real opportunity in Asia and demand continues for local, independent broking services. RMIB represents the type of firm we value partnering with — trusted, technically capable, and highly respected within its market. We are pleased to welcome Bie and Danny and look forward to close collaboration as we continue to enhance our Hong Kong presence and client offering together.”
Bie Tong, Founder and Chief Executive of Risk Management added:
“Over nearly three decades, we have built RMIB by focusing on depth of expertise, consistency of service, and long-term client relationships. Joining ARDONAGH marks an exciting next chapter, and we believe this partnership will allow us to further enhance the solutions and support we provide to our clients.”
Be the first to comment