The Ardonagh Group, a leading independent insurance distribution platform, has announced the acquisition of SRB Assekuranz Broker AG (SRB), a prominent Swiss-based insurance brokerage firm with a strong focus on the industrial sector.
Established in 1980, SRB has built a solid reputation in the corporate insurance market, distinguished by its specialised risk engineering division. The company employs approximately 30 professionals across its offices in Switzerland and Liechtenstein and manages an estimated premium pool of €120 million.
Under the terms of the acquisition, SRB will continue to operate under its existing leadership structure, with CEO Edoardo Leusciatti remaining in his role. The firm will become part of Ardonagh’s MDS Group platform, which manages operations across Latin America and other international markets.
SRB has been affiliated with Brokerslink—a global risk management and brokerage network founded by MDS—since 2007. Leusciatti also serves on the Brokerslink board, strengthening SRB’s connection to the wider Ardonagh ecosystem.
This latest acquisition follows a series of strategic moves by The Ardonagh Group. In January, the company announced majority investments in Private Insurance Assuradeuren B.V. and Private Insurance Nederland B.V., two Dutch specialists in high-net-worth insurance services, as well as the New Zealand-based underwriting agency Ando Insurance Group Limited.