Ardonagh completes Lloyd Latchford Acquisition
01 October 2020
The Ardonagh Group is pleased to announce it has completed the purchase of Lloyd Latchford Group into Atlanta Holdings D1 Limited.
Lloyd Latchford Group is a specialist retail broker with a particular focus on the motor sector. It has been trading for over 20 years and manages over 12,000 policies a month including car, driving instructor, commercial and home insurance via digital platforms and its customer contact centre based in Princes Risborough, Buckinghamshire.
Tim Hutton, Founder and Managing Director of Lloyd Latchford Group, commented: "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."
“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 CEO 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.”
Notes to Editors
THE ARDONAGH GROUP
The Ardonagh Group is the UK’s largest independent insurance broker with global reach. We are a network of over 100 locations across the UK and Ireland and a workforce of over 7,000 people. Formed in 2017 and following a series of acquisitions in 2018, Ardonagh today brings together best-in-class brands including Autonet, Arachas, Bishopsgate, Bravo Group, Carole Nash, Geo Underwriting, Price Forbes, Swinton, Towergate and URIS. Our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver solutions that meet our customer needs.