Optio Group (Optio), the independent specialty MGA, today announces it has entered into an agreement to acquire Gardian Marine Limited (Gardian Marine), for an undisclosed sum (subject to regulatory approval). The London-based MGA, led by co-founders Guy Tyler and Edward Morgan, specialises in marine builders’ risks insurance, ship repairers liability, voyage and towage insurance, alongside bespoke ancillary products, backed by Lloyd’s and A rated insurer capacity.
This transaction further broadens Optio’s existing marine-related offering, following the acquisition of Norwegian marine hull specialist S Insurance last year. Gardian Marine’s products have been specifically designed to address gaps in the marine specialty market and will broaden Optio’s specialisms which now span hull, cargo, war and shipbuilding.
Prior to establishing Gardian Marine, Tyler and Morgan served as directors at WTW, with Tyler overseeing International Hull & Machinery and Morgan leading Special Risks. They have a combined 28 years of experience in builders’ risks for shipyards and vessel owners, which has provided them with a deep understanding of risk management requirements.
Deepak Soni, CEO, Optio Group, said: “Gardian Marine has rapidly evolved into a respected and disciplined business driven by Guy and Edward’s market-leading expertise and strong networks. Over the past few years, their talent and entrepreneurial spirit have laid the right foundations for a successful venture with strong cultural alignment with our own values and operating style. We are delighted that they have agreed to develop the next stage of the business within Optio, which will further strengthen our specialty capabilities and expand our London market presence. We look forward to seeing what they can achieve as part of our platform.”
Guy Tyler, co-founder and director, Gardian Marine said: “Ed and I have always understood the value of dedicated and expert service. By joining forces with Optio, we gain the scale and resources needed to elevate that commitment even further, deepening our capabilities while preserving the dedication and agility our clients rely on. We are excited about the opportunities ahead and are grateful to Optio and our capacity providers for their trust as we continue delivering solutions to manage an ever-evolving risk landscape.”
Ed Morgan, co-founder and director, Gardian Marine added: “We believe that the best results in insurance emanate from strong, long-term relationships. Becoming part of Optio enhances our ability to understand the people and companies that we insure, so that we can offer the most appropriate and effective terms and conditions to suit their distinct needs. With shared values and a mutual commitment to excellence, we look forward to what Optio and Gardian Marine can achieve together as we continue to deliver the thoughtful, client focused service that defines us.”
