Optio Group, a specialty Managing General Agent (MGA), has announced the acquisition of Den Hartigh Beheer & Exploitatie B.V., a Netherlands and Brussels-based MGA specialising 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.
Matthew Fosh, executive chairman, Optio Group, 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.”
This acquisition is a significant development for Optio, aligning with its strategy to expand in the European market and focusing on entrepreneur-led MGA businesses.
It broadens Optio’s product portfolio and creates a strategic presence to support further growth and collaboration across Europe.
Jan Den Hartigh, CEO of Den Hartigh, added: “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.”
The post Optio Group expands into Europe with major acquisition appeared first on ReinsuranceNe.ws.