Five Arrows Principal-backed Voogd & Voogd to merge with Heilbron Group.

Five Arrows Principal-backed Voogd & Voogd, a provider of car and indemnity insurance and other financial products, agreed to merge with Heilbron Group, a provider of insurance services. Financial terms were not disclosed. “During the process, we focused on the benefits for our customers and employees. This was and remains our absolute priority. The merger will expand the portfolio of products and services for the customer and will be supported by strong technology and private services, enabling us to support them even better. In addition, we offer international market parties unique access to the Dutch market. With this merger we offer our employees more and diverse career opportunities thanks to the many locations and the more extensive product portfolio. This will also make the new company more attractive to new professionals," Michael de Nijs, Voogd & Voogd CEO.