Ardonagh Europe announces expansion of European footprint with Léons Group in the Netherlands

Business, Irish News | Mon 4 Jul | Author – Business & Finance

The Ardonagh Group has agreed to acquire Léons Group, an insurance brokerage and consultancy firm in the Netherlands.

The UK’s largest independent insurance distribution platform announced today the acquisition of Léons Group, which specialises in full-service insurance solutions for corporate clients.

Léons Group is a founding member and shareholder of Brokerslink, a global network that brings together market-leading, independent brokers from 125 countries and supports them with world-class risk management and insurance services.

CEO Sunny Léons was, for many years, a board member and one of the initiators of further consolidation within Brokerslink to build an international broker with partners.

The broker, which celebrated its 71st anniversary in early June 2022, will continue to operate independently as part of Ardonagh Europe under the direct leadership of Sunny and Nico Léons, together with the shareholders and current management team, building on successive years of growth. The Léons family maintains a stake in Léons Group as part of the transaction.

Conor Brennan, CEO of Ardonagh Europe, said: “We are excited to welcome Léons to Ardonagh, together building on their Dutch roots and solid reputation in the market to build a portfolio of brands and insurance broker companies that are leaders in their target markets.”

Commenting on the acquisition, Sunny Léons adds: “The Ardonagh Group and its leadership are a perfect match for our vision and growth ambitions. We are thrilled to be joining forces with a global platform with scale and dynamic culture that embraces our family-owned concept. With access to Ardonagh’s considerable resources and capital, we look forward to joining them as our growth engine, together with MDS and other partners, to build on an international group as individual partners.

David Ross, CEO of The Ardonagh Group, comments: “Welcoming this leading independent Dutch firm into the Group continues our meaningful global investment and further strengthens our relationship with members of Brokerslink. With independence core to our own success, this is a testament to the respect we have for this network and the strength and quality of its membership.” 

In December 2021, The Ardonagh Group announced the acquisition of MDS Group, a leading insurance broker and risk management advisor across the Portuguese-speaking world and Europe and a founding member and shareholder in Brokerslink.