Announcements

Ardonagh Advisory boosts private clients capability with addition of Hoxton Risk Services

09 January, 2024 |Advisory | M&A

Ardonagh Advisory has acquired specialist distribution business, Hoxton Risk Services Ltd, in a move which will bolster Ardonagh’s presence in the mid and high net worth market.  

Founded in 2020 by HNW underwriting specialist Justin Gott, Hoxton Risk Services specialises in protection for private clients, including cover for cars, houses, travel and investment properties.

The business trades solely with brokers, offers an innovative digital trading platform and is backed by A rated insurer, Hiscox.

Hoxton Risk Services is Ardonagh Advisory’s latest investment in its private clients proposition, following the recent addition of specialist HNW broker Stanhope Cooper.

Justin Gott, Hoxton’s Managing Director, will continue to lead the business, working with Richard Tuplin, CEO, Advisory Insurance Brokers Limited.

 

Richard Tuplin, CEO Advisory Insurance Brokers Limited said:

“Hoxton Risk Services offers a neat solution that will bring additional capability to help us meet the needs of mid and high net worth private clients.

“Justin has extensive knowledge and understanding of how to succeed in this sector and the experience he brings will add to, and complement, our private clients senior leadership team and I very much look forward to welcoming him to the business.”

 

Justin Gott, Managing Director at Hoxton said:

“With Ardonagh’s backing, Hoxton will be able to access significant growth opportunities that will support us in reaching the next level.

“As businesses we are highly culturally aligned with the mutual goal of providing the very best insurance solutions for mid- and high-net worth customers.

“Our broker partners will be able to access the same great products and services with the same ease as they do already, and in the longer term can look forward to further product and technology developments that will benefit both their clients and their own broking businesses.”

 

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ENDS

 

Notes to Editors

ARDONAGH ADVISORY

Ardonagh Advisory Broking 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 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.

 

HOXTON RISK SERVICES

Established in 2020, Hoxton Risk Services is on a mission to reinvent the insurance journey for clients. Through better use of data, technology and digital automation, Hoxton makes things simpler for clients and their brokers.

Hoxton has taken every stage of the insurance process, unpicked it, simplified it, and then refocused it on clients’ needs. The output is then handed back to brokers so that they can deliver a superb service. Backed by an A rated insurer partner, we bring a compelling proposition to the market.

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