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07 Jun 2021

Stephenson Harwood advises the management team of the insurance division of BGC Partners on US$500 million sale to Ardonagh

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Law firm Stephenson Harwood LLP has advised the management of BGC Partners’ insurance broking operations, on its sale to The Ardonagh Group for headline cash consideration of US$500 million.

The acquisition of the insurance division, which includes the Ed Broking and Besso businesses, will create the largest independent specialty and wholesale broking business in London.

The Stephenson Harwood team was led by partner Sam Gray and senior associate Emily Davies, supported by partners Paul Reeves (employment) and Barbara Allen (incentives), senior associates Kate Worthington (tax) and Richard Freedman (employment), and associate Lydia Zakrzewski (corporate).

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KEY CONTACT

Sam Gray

Sam Gray
Partner

T:  +44 20 7809 2293 M:  +44 7725 279 219 Email Sam | Vcard Office:  London

Emily Davies

Emily Davies
Senior associate

T:  +44 20 7809 2848 M:  +44 7587 051 680 Email Emily | Vcard Office:  London

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Andrew Rieley
Head of communications and PR
T: +44 20 7809 2886
Email Andrew
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