The Ardonagh Group announces release of Shareholder Written Resolution – June 2018
28 June 2018 The Ardonagh Group announces the release of a Shareholder Written Resolution relating to the appointment of an Executive Director of the Company and of each Group Holding Company. About the Ardonagh Group Launched in 1997, the Ardonagh Group is a leading independently owned insurance intermediary in the UK. The Ardonagh Group is […]
The Ardonagh Group Executive Team Update
20 June 2018 The Ardonagh Group (“the Group”) today announces the appointments of Diane Cougill as Chief Financial Officer * (“CFO”) and Sarah Dalgarno as Chief Risk Officer (“CRO”). Diane Cougill Diane has been working as an advisor to the Group Executive for a number of weeks. She will start in her role as CFO […]
The Ardonagh Group Executive Update
14 June 2018 The Ardonagh Group has today announced the appointment* of Richard Ward as Executive Chairman of Specialty & International and MGA. The Specialty & International segment is comprised of Bishopsgate and Price Forbes (previously collectively the wholesale segment), with the MGA segment encompassing all of Ardonagh’s MGA activities. Richard will join the Group […]
Update On Debt Issuance
08 June 2018 Further to its 01 June 2018 announcement, the Ardonagh Group (the “Group”) confirms the successful issuance of £98.3 million in aggregate principal amount of its 8.325% senior secured notes due 2023. The proceeds will be used for the repayment of existing indebtedness under the Group’s revolving credit facility and for general corporate […]
Issuance of Debt
01 June 2018 The Ardonagh Group (“the Group”) today announces that it has secured commitments to purchase £98.3 million in aggregate principal amount of its 8.325% senior secured notes due 2023. The new notes will be fungible with the Group’s existing GBP 8.325% senior secured notes due 2023. The proceeds will be used for the […]
The Ardonagh Group Q1 2018 Interim Statement
22 May 2018 A strong operating performance with Adjusted EBITDA up 12.7% year on year Continued investment in growth through strategic acquisitions, key hires and front-end systems The Ardonagh Group (“Ardonagh” or the “Group”), the UK’s leading diversified independent insurance intermediary, today announces its financial results for the three months ended 31 March 2018. The […]