ANV Group Holdings, an insurance intermediary platform, has agreed to acquire UK-based Iris Insurance Brokers.
The financial terms were not disclosed.
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Established in 2000, Iris operates across three main businesses: Iris, its Lloyd’s wholesale brokerage; Blink Intermediary Solutions; and Vivid Underwriters.
Iris described its Lloyd’s operation as its “most mature” segment, focusing on arranging reinsurance capacity for brokers, managing general agents (MGAs) and Lloyd’s coverholders.
Blink Intermediary Solutions provides tailored distribution services and insurance products to most active retail brokers in the UK.
The newest unit, Vivid Underwriters, was launched in 2025 as an MGA and team hire incubation platform.
Iris said the first MGA began trading in December 2025, concentrating on low-touch, high-volume business distributed through digital channels.
ANV said it expects the acquisition to bolster its distribution footprint in the UK, while creating a base for launching UK MGAs.
ANV chairman and CEO Adam Karkowsky said: “This is a strategic transaction that complements ANV’s existing UK business and is consistent with our long-term growth strategy. Blink will immediately strengthen our distribution capabilities across the UK.
“Vivid, Iris’ MGA incubator, is consistent with ANV’s entrepreneurial approach to launching and developing MGAs.”
The transaction is scheduled for completion in the second quarter of 2026, subject to regulatory approval.
Mark Hutley, managing director at Iris, said: “With the backing of ANV, we gain greater access to opportunities and capacity, which will provide Iris and its various segments with accelerated growth.”
