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Ardonagh partners with Stone Point, reaches $14 billion valuation

Dec 18, 2024over 1 year ago

Contract Type

partnership

London

Description

Ardonagh has announced a partnership with Stone Point, leading to a $14 billion valuation. The partnership aims to capitalize on Ardonagh’s unique position in the global insurance market to deliver value to clients, shareholders, and employees.

Company Information

Company

Ardonagh

Location

London, England, United Kingdom

About

Ardonagh Specialty, operating under the brands Bishopsgate and Price Forbes, and the insurance broking business of Marsh McLennan. Ardonagh Specialty has circa 1400 colleagues globally, manages more than $7 billion in gross written premium and is the fifth largest Lloyd’s broker. Ardonagh Specialty is part of the Ardonagh Group.

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Predictive Intelligence
Strategic

ML-powered predictions for Ardonagh's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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