The Ardonagh Group announces sale of Commercial MGA Lines
01 November 2018
Geo Underwriting Services Limited (Geo Underwriting) can confirm the statement issued by The Ardonagh Group, announcing it has entered into an agreement to sell its Commercial MGA businesses to Arch Insurance Company (Europe) Limited.
For more information, please click here http://www.ardonagh.com/media/announcements/the-ardonagh-group-announces-sale-of-commercial-mga-lines
What does this mean to our customers?
Geo Underwriting would like to assure all customers that it is business as usual for the Commercial MGA businesses until the transfer date of 1st January 2019. Renewals and new business from this date will then be offered by Arch.
Geo Underwriting’s Personal Lines, Private Clients, Specialty and Agriculture brands, AIUA and BIBU, remain as part of Geo Underwriting within The Ardonagh Group MGA segment.