M&A completed

Optio Group, the independent specialty managing general agent (MGA), has completed its acquisition of Gardian Marine Ltd, having received all necessary regulatory approvals. The London-based MGA, backed by Lloyd's and A-rated insurer capacity and led by co-founders Guy Tyler and Edward Morgan, specialises in marine builders' risk insurance, ship repairers and liability, voyage and towage insurance, alongside bespoke ancillary products. Gardian Marine's wide-ranging marine products join Optio's ever expanding specialisms that now span hull, cargo, war and shipbuilding.