Founded in 1916, Den Hartigh is a tech-enabled business that specialises in B2B insurance solutions. Credit: mayam_studio/Shutterstock.

Specialty managing general agent (MGA) Optio Group has completed the acquisition of Netherlands and Brussels-based MGA Den Hartigh Beheer & Exploitatie.  

Announced in July, the deal has now secured all regulatory clearances. 

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Established in 1916, Den Hartigh is a tech-enabled business that specialises in B2B insurance solutions.  

It offers a variety of property and casualty insurance products focusing on land-based equipment, marine and high-net-worth coverage.  

These products are distributed via brokers through Den Hartigh’s proprietary distribution platform.  

Den Hartigh CEO Jan Den Hartigh will retain leadership of the company. 

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At the time of the deal announcement, Optio Group executive chairman Matthew Fosh said: “We are delighted to welcome Den Hartigh to the Optio family. Their established presence in the Dutch market and their expertise in specialty insurance are invaluable assets that will complement and enhance our existing capabilities. This acquisition marks a significant milestone in our European expansion strategy.”  

This follows acquisitions and investments in the European market last month.  

This October, Optio bolstered its European reach with the acquisition of Circles Group, which specialises in special risks and contingency insurance solutions.  

Luxembourg-based Circles is recognised as a key player in the insurance sector for cinema and live performances, generating more than €50m ($55.16m) in premiums. 

In the same month, Optio Group invested in Italian based MGA Heca. 

Heca, set up in 2010, is known for its digital platform and personalised service offerings including professional liability and surety solutions.  

As a Lloyd’s cover holder since 2018, Heca is known for its proprietary customer relationship management platform tailored for brokers and intermediaries.