Verlingue strengthens its European dimension and its foothold in Portugal with the acquisition of RT Global Insurance
Present in Portugal for two years following the acquisition of Luso Atlantica, Verlingue, the insurance brokerage, subsidiary of the Adelaide Group, consolidates its position on the Portuguese and European markets with the acquisition of the Portuguese broker RT Global Insurance.
Verlingue reaffirms its strong ambition on the Iberian Peninsula 6th international acquisition in 6 years
Verlingue Portugal: over 100 talented employees
Founded in 2005, RT Global Insurance focuses its activity on corporate risk management by creating personalised solutions adapted to the reality of each client with a high level of service. A shared goal with Verlingue, which will facilitate the integration of the team with that of Verlingue Portugal, which already has around 100 employees.
This is Verlingue’s sixth acquisition outside France in six years, following those in Switzerland (2016, 2017 and 2019), the United Kingdom (2018) and Portugal (2020).
With this new operation, the Adelaide Group continues to execute its 2024 strategic plan with the ambition of becoming a major European family-owned and independent insurance broker, serving more international clients.
António M. N. Rodrigues and Rita M.N. Marques, co-directors of RT Global Insurance: “We share common values with Verlingue and are proud to join forces. Verlingue seemed to be the best home for our team and our clients. This opens up new and very positive perspectives“.
José Félix Morgado, member of the Verlingue Portugal board: “The last two years with Verlingue have been very rewarding and allow us to be ambitious for the future. The acquisition of RT Global Insurance illustrates Verlingue’s desire to develop sustainably in Portugal, to build a strong position there, and to attract talent to bring more added value to our clients.”
Benjamin VERLINGUE, Director of Verlingue’s International Subsidiaries: “Verlingue has a growth strategy that combines organic development and acquisitions. In an industry that is consolidating, being a family-owned broker with an ambitious, long-term vision allows us to build a great project for the teams that decide to join us. I am delighted that RT has made this choice.”