Powered by

Arch Insurance Europe Completes Acquisition of the UK Commercial Lines Business of The Ardonagh Group

Jan 02, 2019 - Business Wire
Mergers and Acquisitions

Arch Insurance Europe ("Arch") has completed the acquisition of the UK Commercial Lines business owned by The Ardonagh Group and part of its Geo Underwriting ("Geo") operating segment.

The acquired business, which generated more than £150 million of Gross Written Premium in 2017, will become the newly formed Arch UK Regional Division, focused on commercial property, casualty, motor, professional liability, personal accident and travel. Approximately 250 employees will move to Arch as a re...