Optio announces SAFE deal in second European move in a week
SAFE Forsikring will join Optio's Norwegian platform five days after the group agreed to buy Spanish marine underwriting agency Names Europe.
Optio Group, the independent specialty MGA, announced the acquisition of Oslo-based aquaculture MGA SAFE Forsikring for an undisclosed sum on 9 November.
SAFE, founded in 2012, underwrites aquaculture, offshore energy and marine risks under delegated binding authorities, Optio said. It will sit on Optio's Norwegian platform alongside S Insurance and AGS Forsikring.
The deal came five days after Optio said on 4 November it had agreed to buy Names Europe, a Madrid-based marine and transportation underwriting agency, also for an undisclosed sum. That transaction remains subject to regulatory approvals and other closing conditions, Optio said, and follows its earlier purchases of Construction Guarantee Underwriters, Gardian Marine, S Insurance and AGS Forsikring.
Related coverage: Chesnara agrees to buy MetLife UK's £1.7bn closed life book; Vencora completes purchase of CT InsureTech from Charles Taylor.
Sources
- Optio Group: Optio acquires Norwegian aquaculture MGA SAFE Forsikring (9 November 2026)
- Optio Group: Optio to acquire Spanish marine underwriting agency Names Europe (4 November 2026)
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