Managing general agent (MGA) Optio Group has completed the acquisition of Netherlands and Brussels based MGA Den Hartigh Beheer & Exploitatie B.V., a specialist in B2B insurance solutions.
Established in 1916, Den Hartigh offers a variety of property and casualty insurance products.
This includes coverage for land-based equipment, marine assets, and high net worth clients. These products are distributed through brokers via its proprietary platform.
Jan Den Hartigh, CEO of Den Hartigh, who will continue to lead the business, commented: “Joining forces with Optio is an exciting opportunity for Den Hartigh. We share a common vision of leveraging technology to drive innovation in the insurance industry. Together, we will continue to deliver exceptional products and services to our clients.”
This acquisition, first announced back in July, represents a significant development for Optio, aligning with its strategy to expand in the European market and focusing on entrepreneur-led MGA businesses.
Matthew Fosh, executive chairman, Optio Group, had previously commented: “We are delighted to welcome Den Hartigh to the Optio family.”
“Their established presence in the Dutch market and expertise in specialty insurance are invaluable assets that will complement and enhance our existing capabilities. This acquisition marks a significant milestone in our European expansion strategy.”
Optio has since announced its acquisition of Luxembourg-based film and events specialist MGA the Circles Group and a strategic investment in Italian MGA, Heca S.r.l., pending regulatory approval.
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