Monetary advisory organisation Yellow Hive will purchase the insurance coverage portfolio of Dutch insurance coverage firm INTRAMAR from 1 October 2023. This entails extremely specialised insurance coverage options for the worldwide offshore oil, gasoline and wind power sector.
The acquisition gives the fast-growing Yellow Hive a novel fulfilment of its ambition to be a high participant in various area of interest markets, such because the offshore oil, gasoline and wind power sector, transport & logistics, mobility and media & occasions. Along with the acquisition of INTRAMAR, Yellow Hive acquired different profitable area of interest gamers earlier this yr, together with Maesstad, De Kilometerverzekering.nl and No Danger.
Specialist in power, at sea and on land
INTRAMAR (Den Helder) has been lively in insurances for onshore and offshore power firms and maritime companies for 30 years. Because of the complexity of the sector and the particular dangers concerned, it’s needed to supply tailored insurances for every venture and shopper that seamlessly matches their particular wants. This requires extremely specialised experience and insurance coverage options. INTRAMAR’s insurance coverage portfolio consists of cowl for legal responsibility, materials, gear, marine, transport, accident and self-employed dangers.
In keeping with Nico de Wit, director of INTRAMAR, the step is taken because of the absence of pure succession. He present in Yellow Hive a companion with equal imaginative and prescient on the procurement facet of the insurance coverage market. Furthermore, Yellow Hive has all the mandatory amenities to completely concentrate on the specialism by which INTRAMAR has been profitable for nearly 30 years. Or in his phrases: continuity with added worth.
About Yellow Hive
Yellow Hive – The Insurance coverage Firm – has developed by unbiased progress, collaborations and focused acquisitions. Since 2011, greater than 100 non-public and enterprise prospects all through the Netherlands have chosen considered one of Yellow Hive’s manufacturers. The corporate has over 500 staff working from 20 branches.
