Clearwater has advised NDB Groep, a North Holland-based family-owned insurance broker and MGA, on its sale to GGW Group, renowned insurance brokers and MGAs in Europe.
With a strong focus on quality, integration, and scalability, NDB Groep has grown in recent years to become a top 40 player in the Dutch market, having expanded to various regions in the Netherlands, creating strong regional positioning. The financial industry requires increasingly high standards when it comes to compliance, data management, and IT capabilities. Staying on top of these developments is key. NDB Groep addresses these requirements by offering branch offices a proven ICT platform, as well as centralised MGA capabilities, under the brand DiVerz. The insurance broker and financial advisory services, however, retain their own identity and customer brands.
GGW Group is a growing collective of high-quality insurance brokers, headquartered in Hamburg, Germany. The group was founded in early 2020 and since then has been joined by more than 30 partner companies in four countries, employing over 1,500 staff. Together they manage more than €1bn in insurance premiums. GGW Group was founded in Germany, where it became a top three player in under three years.
