Optio acquires specialist PI MGA Custodian Management
ReutersMay 8, 2025 9:46 AM
By Michael Jones
May 8 - (The Insurer) - Specialty MGA Optio Group has acquired UK-based MGA Custodian Management for an undisclosed sum, the company said on Thursday.
Optio said the transaction would enhance its existing professional indemnity proposition and represented a step in its ambition to create a diversified platform.
Custodian Management was founded in 2013 by its managing director Zahid Naqvi and is focused on professional indemnity and management liability.
Insurance Advisory Partners acted as the exclusive financial advisor for Optio on this transaction.
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