Specialty MGA Optio Group has acquired Den Hartigh Beheer and Exploitatie B.V., a Netherlands and Brussels-based MGA specialising in B2B insurance.
Founded in 1916, the tech-enabled business provides a range of P/C insurance products, primarily land-based equipment, marine and HNW, distributed via brokers through its proprietary distribution platform.
Matthew Fosh, executive chairman, Optio Group, said: “We are delighted to welcome Den Hartigh to the Optio family. Their established presence in the Dutch market and expertise in specialty insurance are invaluable assets that will complement and enhance our existing capabilities. This acquisition marks a significant milestone in our European expansion strategy.”
Jan Den Hartigh, CEO of Den Hartigh, who will continue to lead the business, added: “Joining forces with Optio is an exciting opportunity for Den Hartigh. We share a common vision of leveraging technology to drive innovation in the insurance industry. Together, we will continue to deliver exceptional products and services to our clients.”
The transaction is subject to regulatory approval and sums were not disclosed.
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