Ardonagh subsidiary acquires professional indemnity insurance broker

Ardonagh Advisory Holdings Ltd, a subsidiary of insurance broker The Ardonagh Group Ltd., has acquired U.K.-based The Professional Broking Group Ltd., Verdict reported. Professional Broking Group which operates as The Professional Indemnity Co. and specializes in offering professional indemnity insurance for all professions, including solicitors, architects, surveyors, engineers and accountancy firms.