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Hollard acquires Aquarius and Execuline

18 March 2015 Hollard

News just in via Hollard's broker communication.

 

 

Hollard acquires Aquarius and Execuline 

Dear Hollard Partner 

We would like to announce Hollard’s purchase of our long-time partners Aquarius Underwriting Managers and Execuline Motor Underwriting Managers, two of the best-known underwriting managers in the personal lines market space. While we have been shareholders in both of these businesses for some time, we believed that the time had arrived to fully harness the synergies that exist in the two businesses. 

Aquarius and Execuline have established themselves as leading providers of personal lines solutions to wealthier clients and the integration of the businesses will allow us to approach the affluent market with a consolidated offering under the Hollard banner. This is a very demanding market segment, but the experience and expertise of the Aquarius and Execuline businesses will ensure that the Hollard offering meets the most exacting of standards. This is a big and important step for us in our quest to ensure that our personal lines offering spans the full market. 

Bringing the two businesses together will allow us to differentiate our offering to high net worth customers and to drive innovation in customising risk solutions for this market. In addition, the high standards of customer service enjoyed by Aquarius and Execuline customers will be enhanced through increased efficiencies in delivery, providing further competitive advantage. 

Both Drew Schnehage, Managing Director of Aquarius and Alan Eustice, Managing Director of Execuline will become part of Hollard’s management team. Drew will head up our affluent market product team and our broker consultant team, and Alan will head up our middle market product team, as well as representing Hollard as our motor expert in all industry matters. The Aquarius and Execuline broker teams will continue to provide personal service delivery to all of our brokers. 

We would like to assure you of our continued support and trust that our relationship with you will continue to go from strength to strength. 

Kind Regards

 

Willem Smith

Managing Director: Hollard Personal Lines 

 

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