Ardonagh Advisory acquires Rowett Insurance Broking

Ardonagh Advisory, a UK insurance broking and advisory firm, has announced that it has agreed to acquire Rowett Insurance Broking Limited.

Rowett specializes in commercial and personal insurance and has offices in St Austell and Plymouth. Its subsidiary AGRi Insurance Accommodation Ltd specializes in wholesale agricultural insurance and operates in Darlington and St Austell.

Following completion of the acquisition, Glyn Rowett, founder and managing director of Rowett, will remain with the company along with directors Matthew Niall and Gareth Rowett.

Rowett commented: “After several discussions in the market, Ardonagh Advisory was identified as the most suitable company for our business. Through our membership of Bravo Networks we have long benefited from their strong operational support and access to markets and I would like to take the opportunity to thank Phil Bales, Commercial Director at Ardonagh Advisory, with whom I have worked for many years. through our Bravo Networks members for his support in this process.”

He continued: “It’s great to know that our staff and clients will now be able to take full advantage of Ardonagh’s breadth and scale, combined with an overall focus on delivering the best insurance and risk management advice to our clients.”

Richard Taplin, CEO of Advisory Insurance Brokers Ltd, said: “Rowett Insurance perfectly complements our agricultural specialism and strengthens our presence in the South West of England. Rowett’s long-standing connections with the farming community are testament to the highly skilled people we look forward to welcoming.”

Jamie Swindle, CEO of Geo Underwriting, added: “We are delighted to welcome AGRI Supplies to the Geo Underwriting family. Their strong client relationships align perfectly with our commitment to providing bespoke solutions across the UK and their expertise will further enhance our deep expertise in agriculture and farm insurance. Together, we will continue to build on their strong foundation, delivering the best results for our clients and partners.”