Ergon backs insurance broker AlliA

• AlliA, founded in 1979, is an insurance broker for corporations, SMEs and entrepreneurs
• AlliA offers a range of insurance products, including fire, property, liability, work accidents insurance, marine, fleet, employee benefits, credit and cyber
• The company intends to further accelerate its growth in Belgium, Luxembourg and internationally

Ergon Capital announced a partnership with Belgian insurance broker AlliA. As a result, Ergon acquires part of the shares of AlliA, next to the founding Lebon family and management. The Lebon family and AlliA’s management team remain in charge of the daily management of the company.

Roeselare, Belgium-based AlliA offers its insurance brokerage services to corporations, SMEs and entrepreneurs. The company’s insurance offering covers a range of insurance products, including fire, property, liability, work accidents insurance, marine, fleet, employee benefits, credit and cyber.

According to Ergon, AlliA intends to accelerate its growth in Belgium, Luxembourg and internationally. Ergon will aid the founding family and management to grow AlliA organically and inorganically, by investing in the company’s service offering, organisation and systems.

“We are thrilled and humbled by the opportunity to partner with the Lebon family and the AlliA team,” said Pieter Lambrecht, partner at Ergon. “AlliA is a true local champion in insurance brokerage with an excellent reputation and the potential to expand its unique position while growing internationally. Ergon’s DNA is well aligned with AlliA as a family business being led by an experienced management team.”

Luxembourg-based Ergon is a mid-market private equity investment company with approximately €2.5 billion of assets under management.