Strategic Risk Solutions acquires Robus from Ardonagh

The Ardonagh Group has announced the sale of Robus, a captive and insurance management group, to Strategic Risk Solutions (SRS), pending regulatory approval. The details of the financial terms have not been disclosed. Robus, operating in Guernsey and Gibraltar as part of Ardonagh's capital solutions portfolio, will be acquired by SRS, aligning with SRS's goal of becoming Europe's leading captive management firm.

SRS Europe CEO Peter Child commented, "Bringing Robus into SRS is a logical step as we both share a commitment to serving our clients and advancing the industry." SRS is excited to welcome Steve Quinn, Robus's executive chair, and his team to enhance their insurance management services and expand their market presence. Robus sees joining SRS as a natural progression towards expanding their capabilities and leveraging SRS's reputation for specialized insurance management solutions.

Quinn views the partnership with SRS as an exciting opportunity to continue delivering top-tier captive management solutions to the market, building on the progress made with Ardonagh.