London-headquartered loss adjusting firm Thompson & Bryan (UK) Ltd has been acquired by Ardonagh Advisory Holdings, the SME broking platform of The Ardonagh Group.
The swoop, financial terms of which were not disclosed, means Thompson & Bryan will now operate within Ardonagh Advisory while continuing to provide complex claims support to businesses across the country.
“We’re very happy to have joined such an established broking powerhouse as Ardonagh Advisory whose portfolio of brands are known for supporting community brokers in building strong long-standing relationships with their clients,” commented Thompson & Bryan managing director Paul Lawrence.
“Sitting alongside these brands leverages an opportunity for us to continue doing what we do best, being there for our clients when they need us the most and creating further value to clients facing complex claims.”
Ardonagh Advisory consists of Broker Network, Compass UK, Ethos Broking, Footman James, Towergate Insurance Brokers, Towergate Health & Protection, Towergate Riskline, and Your Insurance brands.
Lawrence added: “As independent loss adjusters who will continue to support our network of established broker connections and clients, we’re excited to enhance our existing and new relationships with the support of Ardonagh Advisory.”
Meanwhile Ardonagh Advisory chief executive Rob Worrell described the acquisition as “a great opportunity” for the Advisory platform to build on its current claims proposition.
“I have known and respected Paul and his team for many years, and I am delighted to have them onboard,” noted Worrell.
“Claims has always been and will always be the shop window of our profession, and so the expansion of talent and experience in this critical field is vital to achieve our strategic growth objectives.”