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Ardonagh Group expands into Australia with acquisition
16-02-2021
04-09-2019
UK insurance intermediary The Ardonagh Group has expanded in Australia with the acquisition of Resilium BidCo, the country s largest independently owned intermediary network.
With offices in Sydney, Melbourne and the Gold Coast, Resilium connects a network of more than 150 Corporate Authorised Representatives (ARs) with over 100 insurers globally, providing business and personal insurance solutions to clients across Australia.
Resilium will continue to be led by managing director Adrian Kitchin, who has overseen the business’ growth trajectory over the past five years, with GWP under management of over A$500 million in 2020, generating revenue of A$19 million for the financial year ending 30 June 2020.