Announcements

Ardonagh Advisory completes ‘hat trick’ of M&A deals in one week with addition of AMS Insurance Solutions

10 July, 2023 |Advisory | M&A

Ardonagh Advisory announces the acquisition of AMS Insurance Solutions Ltd, its third high-quality acquisition in a week, further bolstering Ardonagh’s presence in the south-west of England.

AMS is a highly regarded regional broker, providing commercial and personal lines insurance, with specialisms in construction, manufacturing, liability and warehousing and distribution products as well as a range of insurance solutions for small businesses.

Established in 2008 and based in Nailsea, near Bristol, the firm is led by a team of three Directors, Andrew Burrell, Mark Evans and Simon Thomas, who each have around 30 years’ experience in the industry.

The business will join Towergate Insurance Brokers, part of Ardonagh Advisory, and will work alongside Towergate’s existing Bristol-based business, complementing its commercial lines expertise.

This announcement follows the news that Ardonagh Advisory welcomed PB Curran and Sentinel Insurance Solutions last week, making AMS Insurance Solutions its third quality acquisition in a week of deals.

 

Phil Bayles, Chief Commercial Officer, Ardonagh Advisory

“As our third ‘hat-trick’ deal of the week, the addition of AMS Insurance Solutions offers real cause for celebration and is yet further demonstration of our strategy to invest in top-quality businesses that bring value to Ardonagh Advisory.

“AMS is a business that fits neatly into Towergate and the wider Ardonagh Advisory platform, enhancing our presence in the south-west and our offer to clients.

“We’re excited to welcome the business to the platform and look forward to seeing the new opportunities this brings.

“I think it’s clear that we’re always looking to have conversations with people who are interested in joining the Group and would encourage anyone thinking about making the move to get in touch.” 

 

Andrew Burrell, Director, AMS Insurance Solutions commented:

“Joining Ardonagh represents the natural next step in our company’s journey.

“As part of the Ardonagh Advisory platform, we will benefit from increased buying power and access to a wider range of products and services, ultimately improving our offer to clients.

“We’d like to say a huge thank you to all our clients and our insurer partners who we’ve worked with over the years and who have helped the business to become what it is today.”

 

ENDS

Notes to editors

 

AMS INSURANCE SOLUTIONS LTD
Established in 2008, AMS comprises a team of highly experienced insurance specialists led by three Directors, each with more than 30 years’ industry experience. AMS offers a bespoke client service and has access to high quality insurance products with respected insurers and an excellent claims service. AMS prides itself on its high customer retention rate and offering clients the peace of mind that comes from dealing with experienced and knowledgeable professionals.

 

ARDONAGH ADVISORY

Ardonagh Advisory Holdings Ltd is The Ardonagh Group’s SME broking platform comprised of Bravo Networks, Ethos Broking, Footman James, Hera Indemnity, Lorega, Towergate, Towergate Health & Protection, Thompson & Bryan, Compass UK and Usay Compare brands.

With legacies which laid the foundations for the creation of The Ardonagh Group, these are advice-led, community-focused businesses with an unrivalled local footprint of experts across a wide range of sectors and specialisms, combined with national and international reach.

 

THE ARDONAGH GROUP

The Ardonagh Group is the UK’s largest independent insurance distribution platform and a top 20 broker globally. We are collection of best-in-class entrepreneurial and specialist brands with a network of over 200 locations and a combined workforce of more than 10,000 people. Across our portfolio, we offer a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. From complex multinational corporations to individuals purchasing personal insurance policies, our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver a broad range of product and risk solutions that meet customer needs. For more information, visit our website: www.ardonagh.com.

 

 

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