ANV Group Holdings has completed its acquisition of London-headquartered Iris Insurance Brokers, broadening its UK retail and wholesale distribution, securing direct access to Lloyd’s specialty capacity, and adding a UK-based MGA incubator.
ANV Group Holdings has completed its acquisition of London-headquartered Iris Insurance Brokers, broadening its UK retail and wholesale distribution, securing direct access to Lloyd’s specialty capacity, and adding a UK-based MGA incubator.
The Transaction
ANV Group Holdings Ltd., a global insurance intermediary platform, has completed the acquisition of Iris Insurance Brokers Ltd., a London-headquartered specialty insurance distribution platform. The transaction was initially announced in March 2026 and has received all required regulatory approvals.
What Iris Brings
Launched in 2000, Iris operates through three core segments:
- A Lloyd’s wholesale brokerage
- Blink Intermediary Solutions
- Vivid Underwriters
The integration of these segments gives ANV expanded retail and wholesale distribution networks across the United Kingdom, direct access to Lloyd’s specialty capacity, and a UK-based MGA incubator via Vivid. This incubator complements ANV LaunchPad, the firm’s US-based incubator that debuted in May 2026.
Leadership Perspective
“Closing the Iris transaction marks an important step in scaling ANV’s UK platform,” said Adam Karkowsky, Chairman and Chief Executive Officer of ANV. “Blink immediately strengthens our distribution capabilities across the UK retail market, and the Lloyd’s brokerage broadens our access to specialty capacity. Vivid is a natural complement to ANV LaunchPad, extending our entrepreneurial, founder-friendly approach to launching MGAs across both sides of the Atlantic.”
“Joining ANV opens up the next phase of growth for Iris,” said Mark Hutley, Managing Director at Iris. “ANV’s long-term perspective, global platform, and deep MGA expertise provide the right environment to scale our Lloyd’s brokerage, expand Blink’s distribution reach, and accelerate Vivid’s development as an MGA incubator. We are excited to get to work alongside the broader ANV team.”
Industry Significance
The deal reflects continued consolidation in the specialty distribution market, with intermediary platforms building transatlantic reach and MGA incubation capability. By pairing Vivid with its US-based ANV LaunchPad, ANV positions itself to support new managing general agents on both sides of the Atlantic while deepening its footprint in the UK retail and Lloyd’s markets.
