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Ardonagh announces acquisition of Lloyd Latchford

Ardonagh announces acquisition of Lloyd Latchford | Insurance Business UK

Ardonagh announces acquisition of Lloyd Latchford

The Ardonagh Group is on a roll despite the COVID-19 pandemic as it continues its acquisition spree with the latest purchase being that of Lloyd Latchford Group into Atlanta Holdings D1 Limited.

Lloyd Latchford is a specialist retail broker that has been trading for over 20 years and manages more than 12,000 policies a month, including car, driving instructor, commercial, and home insurance through its digital platforms and its Buckinghamshire office.

“The Lloyd Latchford Group team has delivered significant growth over the last three years, and being part of the Atlanta group – with access to some of the best people, systems, and pricing capability within the industry – will only help us to continue that growth and accelerate our plans, and we are very much looking forward to the future,” said Tim Hutton, the founder and managing director of Lloyd Latchford Group.

“We see a huge opportunity to grow as part of a wider group and are already discussing some significant partnerships. We are very much looking forward to an Atlanta future.”

Atlanta chief executive officer Ian Donaldson added: “I echo these sentiments wholeheartedly and am very much looking forward to working with Tim and his team on this great opportunity for us all. They are a perfect fit for Atlanta as we share the same synergies and also the same passion for our people. This new addition supports our ambitious growth plans by further strengthening Atlanta as the industry-leading digital broker.”