Optio to acquire Gardian Marine
Independent specialty MGA Optio Group has entered into an agreement to acquire Gardian Marine for an undisclosed sum (subject to regulatory approval).
The London-based MGA, led by co-founders Guy Tyler and Edward Morgan, specialises in marine builders’ risks insurance, ship repairers liability, voyage and towage insurance, alongside bespoke ancillary products, backed by Lloyd’s and A‑rated insurer capacity.
According to the company this transaction further broadens Optio’s existing marine-related offering, following the acquisition of Norwegian marine hull specialist S Insurance last year. Gardian Marine’s products have been specifically designed to address gaps in the marine specialty market and will broaden Optio’s specialisms which now span hull, cargo, war and shipbuilding.
Prior to establishing Gardian Marine, Tyler and Morgan served as directors at WTW, with Tyler overseeing International Hull & Machinery and Morgan leading Special Risks. They have a combined 28 years of experience in builders’ risks for shipyards and vessel owners, which has provided them with a deep understanding of risk management requirements.
Deepak Soni, chief executive of Optio Group, said: “Gardian Marine has rapidly evolved into a respected and disciplined business driven by Guy and Edward’s market-leading expertise and strong networks. Over the past few years, their talent and entrepreneurial spirit have laid the right foundations for a successful venture with strong cultural alignment with our own values and operating style. We are delighted that they have agreed to develop the next stage of the business within Optio, which will further strengthen our specialty capabilities and expand our London market presence. We look forward to seeing what they can achieve as part of our platform.”
Guy Tyler, co-founder and director, Gardian Marine said: “Ed and I have always understood the value of dedicated and expert service. By joining forces with Optio, we gain the scale and resources needed to elevate that commitment even further, deepening our capabilities while preserving the dedication and agility our clients rely on. We are excited about the opportunities ahead and are grateful to Optio and our capacity providers for their trust as we continue delivering solutions to manage an ever-evolving risk landscape.”
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