Geo Underwriting, which is part of Ardonagh Advisory, is to acquire marine insurance specialist Navigators & General which is owned by Zurich UK. Navigators & General’s Brighton-based team will join Geo Underwriting and continue to use the brand that dates back to 1921.
Jaime Swindle, CEO of Geo Underwriting CEO, said: “Navigators & General is a hugely successful brand with a rich heritage.
“The business will highly complement our marine specialism and expand our product and proposition to new and existing customers. We’re looking forward to welcoming the expert team in Navigators & General and together seizing the opportunities ahead of us.”
David Nichols, head of retail Zurich UK, added: “We carefully selected Geo to acquire N&G as they share the same values as Zurich and are a perfect partner to build a successful future, unlocking the full potential of the brand. Overall, they will give N&G the focus and investment it deserves adding an even greater depth of experience and expertise to existing and future customers of the business.”
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