French marine insurance broker is bought by Verlingue

French insurance consultancy Verlingue, part of the Adélaïde Group, has announced the acquisition of marine insurance broker Groupe Eyssautier.

Groupe Eyssautier is a specialist in marine and transport insurance with a workforce of more than 50 employees from 10 countries. It was founded in 1935 and run by the Eyssautier family for three generations.

Verlingue said that the acquisition was in line with its recently introduced 2022 strategic plan which included strengthening its expertise and accelerating its development in France and abroad.

Groupe Eyssautier’s managers and executives will continue to manage the company.

“With the integration of Eyssautier, Verlingue will benefit from a high level of expertise in the extremely promising marine and transport risk market, and from an unrivalled international experience. Pooling our strengths and skills will be beneficial for our clients and partners, and for all our teams in France and Europe,” said Jacques Verlingue, chairman of Verlingue and the Adelaïde Group.