Florian Brokamp establishes a consortium for insurance brokers, distributors, and associations, as well as MGAs, focusing on private customers and small businesses.
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"The advantages of joining a corporate group and pooling resources are not new, but the clear focus on the highly standardized business in the private customer and small business segment at this scale is!" says Florian Brokamp.
The capital provider for this ambitious project is Hg. With their investments in GGW, FondsFinanz, and Howden, Hg has a lot of experience in the German/European insurance industry. Now, Hg is investing in another platform with Ascendia and is looking for a way into the private customer segment.
"Hg was my absolute preferred partner for building the group! The people involved have already earned an excellent reputation as reliable, sustainable, and knowledgeable investors in recent years."