Optio acquires the Italian MGA Heca

Optio Group, the London-based specialist managing general agent, has announced that it has acquired a strategic investment in Italian MGA, Heca Srl, for an undisclosed sum.

Founded in 2010 in Ortona, Chieti province of Abruzzo, Heca has grown rapidly to become a leading MGA in Italy. Heca offers a multi-product offering and a fully digital experience with a human touch.

Heca is renowned for its cutting-edge, proprietary, all-in-one customer relationship management platform that provides brokers and intermediaries with the highest standards of support, Optio said. A blockchain policy verification service, the first of its kind in Italy, is also available to guarantee transparency and trust in every collateral transaction.

The combination of Heca’s high-tech approach and specialized product suite together with Optio’s existing capabilities will create new opportunities for both companies.

The transaction follows Optio’s acquisitions of Netherlands and Brussels-based MGA Den Hartigh in July and last week of Luxembourg-based film and events specialist MGA the Circles Group. It marks another significant step in Optio’s ambition to create a balanced buy and build platform, with acquisitions across Europe key to achieving this.

“Heca’s impressive growth, led by the exceptional vision of Founder and CEO Emmanuele Menicucci and Managing Partner Nick Evers, perfectly encapsulates the kind of entrepreneurial business culture that Optio is proud to support,” commented Deepak Soni, CEO, Optio Group, in a statement.

“We are looking to remain a long-term stakeholder and intend to support them as they continue to develop their ambition for customers and partners. This is the latest important development in our European expansion strategy as we look to acquire and invest in entrepreneur-led, technologically advanced and innovative MGA businesses with a strong track record of success,” added Soni.

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Wholesale M&A Insurance