The Ardonagh Group has agreed to acquire Klap Verzekeringsmakelaar, a specialist commercial lines insurance broker based in The Netherlands, from family office, Nedvest.
Founded in 1854 and based in Amsterdam, Klap advises SME companies on employee benefits, insurance and pensions, distributing over €100m of GWP annually.
Commenting on the announcement, CEO Conor Brennan, said: “This is a hugely complementary acquisition, aligning neatly with our group’s footprint both internationally and in the European market. Alongside the vast expertise of Léons, Klap further diversifies our portfolio and our customer base in The Netherlands, creating a strong platform to accelerate our growth ambitions in the region."
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