SATEC has acquired the A&RS Group, a collection of specialized insurance brokerages, to enhance its service offerings and strengthen its position in key market sectors.
Target Information
The A&RS Group, recently acquired by SATEC, consists of three specialized insurance brokerage firms. These firms focus on key sectors including Finance, Life Sciences, Technology, and Green Technologies. The subsidiaries under A&RS include Audit & Risk Solutions, i4CT—dedicated to clinical study insurance globally—and Wellness Risk Solutions, which specializes in Health and Life insurance.
This acquisition allows SATEC and A&RS to align themselves with a leading broker that has a robust development and diversification strategy in high-potential sectors. This partnership aims to leverage SATEC's size and expertise to enhance client services and strengthen their market positioning.
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Industry Overview
In France, the insurance brokerage industry has been experiencing steady growth, driven by increasing demand for specialized services in sectors like Finance and Technology. The emergence of new risks and the c
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Disclosed details
Revenue: $66M