'What's this, boss?!'
Ha, ha, ha! Base metal into gold, Voice!
'Yippee!'
London, 15/03/2024 - Alchemy Technology Services, a leading provider of technology and consulting services to the insurance sector, has acquired London management consultancy firm r10 Consulting for an undisclosed sum.
Er ...
Under the deal, r10 Consulting will be integrated into Alchemy and together will launch a new brand, Alchemy London Market which will be based in the Lloyd's of London building from where it will be able to offer a comprehensive suite of services to the insurance sector. Alchemy said the acquisition will create a number of synergies for the business, including an expanded service portfolio, access to broader markets and the ability to leverage combined technology solutions.
Well ... not what I was expecting.
'Insurance.'
Yeah.
Alchemy Technology Services was founded in 2018 and has since grown to become a key provider of technology and consulting services to the global insurance sector. Headquartered in Northern Ireland, it employs more than people.
'You changed that, boss!'
It employs more than 200 people.
I was just trying to make the story a bit exciting, you know? I mean, maybe they employ fairies, too. Or ghosts. Something like that.
'Yeah. Never mind.'
Alchemy London Market will provide consulting services that focus on growth, operations, and technology - for leading (re)insurers, syndicates, brokers, MGAs, Insurtech, and service and software providers.
All right, that's enough.
'We haven't heard from Amechi Pierce Howe yet.'
Uh, Christ.
Okay.
Amechi Pierce Howe, Head of Global Speciality, Alchemy London Market, says: "This is a transformative time as we embrace our new identity as Alchemy London Market. The amalgamation of r10 Consulting symbolises our integrated approach and commitment to providing innovative solutions to the London insurance market. Our presence at Lloyd's is not just about a change of address; it's a reflection of our ambition to be closer to the heart of the insurance industry, where we can directly contribute to and shape its future."
Thank you, Amechi.
ENDS
ENDS
ENDS
'We haven't heard from John Harkin.'
Oh, for fuc -
Okay.
John?
John Harkin, CEO, comments on the significance of the new London office: "Opening an office at Lloyd's of London is a major milestone for us. It's a testament to our growth, the hard work of our team, and our unwavering ambition to make a lasting impact on the insurance industry. Lloyd's has long been a symbol of global excellence, and being part of this vibrant ecosystem allows us to contribute to and benefit from the dynamism and innovation that define the London Market."
Thank you, John.
ENDS
ENDS
ENDS
...
Anything else?
There is nothing else.
The next conceptual will be nothing, and that's the way I like it now. These days.
