Ardonagh
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The parametrics pioneer said Ardonagh would bring additional capacity to clients with new solutions. -
The pair have worked for a wide variety of intermediaries.
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There has been a recent uptick in personnel movement in the financial institutions space.
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The Envest transaction includes the acquisition of Aviso Group, a network of broking offices across five states and 10 MGAs.
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The broker said organic growth was driven by new producer hires reaching maturity across specialty, international and advisory.
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Ron Hayes has also held senior placement roles at JLT and Marsh.
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The transaction will bring a $250mn GWP broker with multiple brands and international footprint into the group.
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The Dutch broker will continue to operate independently as part of the Ardonagh Group, led by Sunny and Nico Léons.
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The practice will be led by Jose Antonio Osterling as chairman and Luis Felipe Ganoza as commercial director.
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The international and specialty units now contribute almost half the group’s annual income as the firm continues to diversify.
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The news comes after this publication revealed Kerrigan Read is also set for WTW.
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The Besso and Bishopsgate chief will take a number of team members with him including Mick Lee, with Lilley Plummer the likely destination.
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