Brokers, Insurers

Ardonagh Advisory has officially welcomed High Net Worth broker Stanhope Cooper, and MGA Renovation Underwriting to the Group, following an earlier agreement to acquire a majority shareholding in the businesses.

Under the agreement, Ardonagh has acquired a shareholding in N&W Investments, which holds Stanhope Cooper, Renovation Underwriting, and also the businesses, Insurance Tailors and Porterhouse Brokers.

Market leading MGA, Renovation Underwriting, has offices in London and Cambridgeshire and provides insurance for private client contract works and high value projects.

The multi-award-winning business, was founded by Managing Director Douglas Brown who has significant experience delivering renovation insurance to private and commercial clients.

Renovation Underwriting will join Ardonagh’s UK Commercial MGA, where Douglas will continue to lead the business, and also take-on a leadership role on the Commercial MGA executive committee, which is led by CEO Jaime Swindle.

The addition of the businesses to Ardonagh Advisory, brings unique specialist capabilities, longstanding relationships and decades’ worth of expertise from the two expert teams.

Renovation Underwriting is yet another string to our UK Commercial MGA bow that seeks to offer products that are truly specialist in scope. Douglas Brown and the team at Renovation Underwriting have decades’ worth of experience delivering highly specialist products to market. Douglas’ expertise is a highly prized addition to the UK Commercial MGA and will bring fresh insight as we continue to build and strengthen our distinct proposition. Jaime Swindle, CEO Commercial MGA, Ardonagh Advisory
At the heart of our business is a dedicated and passionate team who have committed to delivering our market leading proposition for contract works insurance. The partnership with Ardonagh enables Renovation Underwriting to expand into new but related areas, allowing meaningful growth to be maintained. This is a great next-step for the business and its people; all of whom continue to be part of the journey. We’ll continue to develop our products and services to break new ground in the market. Douglas Brown, Managing Director of Renovation Underwriting
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