Gardian purchase

Optio Group, the independent specialty managing general agent (MGA), is to acquire Gardian Marine (subject to regulatory approval). The London-based MGA 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. This transaction further broadens Optio's existing marine-related offering, following the acquisition of Norwegian marine hull specialist S Insurance last year.