First revealed in December 2023, Ardonagh Advisory has now finalised its acquisition of Westfield Brokers, which operates as Westfield Insurance, to mark an expansion of its commercial brokerage operations.
The Horsham, West Sussex-based Westfield Insurance is known for its portfolio of general insurance products, including fleet, liability, and contractors’ insurance.
Founded in 2009 by Peter Cowan, it has carved a niche for itself in the commercial insurance sector, underpinned by Cowan’s expertise. He will continue at the helm = as it integrates into the Ardonagh Advisory platform, further enhancing its regional footprint in West Sussex.
Richard Tuplin (pictured), CEO of Advisory Insurance Broking Ltd, a subsidiary within the Ardonagh Group, praised the acquisition, pointing to Westfield Insurance as a “dynamic and customer-focused company.”
“As culturally aligned businesses, we know that Westfield Insurance will benefit from the many resources and opportunities available within Ardonagh Advisory, helping them to deliver even more for customers. It’s great to be able to welcome Peter and the team to Advisory and I look forward to achieving great things together,” Tuplin said.
Echoing this sentiment, Cowan expressed his optimism about joining forces with Ardonagh Advisory.
“When looking for a new home for Westfield Insurance, it was hugely important that we found a business that would support us to serve our clients in the best way possible,” Cowan said. “Ardonagh Advisory has so much to offer by way of operational support, which means we will be able to honour our client-centric approach. I’m very pleased to be starting the next exciting chapter in the development of our business with Ardonagh Advisory.”
Earlier this year, Ardonagh Advisory also finalised its first major deal of the year as it closed its acquisition of the specialist distribution business Hoxton Risk Services Ltd (Hoxton Risk Services).
What are your thoughts on this story? Please feel free to share your comments below.
