Optio Group continues European expansion with MGA Heca acquisition

Optio Group, a specialty Managing General Agent (MGA), has acquired a strategic investment in Italian MGA Heca S.r.l. (Heca) for an undisclosed amount.

This move aligns with Optio’s strategy to expand across Europe and reflects its confidence in Heca’s potential for future growth.

Founded in 2010 in Ortona, Italy, Heca has quickly become a leading MGA, offering a wide range of products and a fully digital service with a personal touch.

Heca is known for its innovative all-in-one customer relationship management platform, which provides brokers and intermediaries with top-tier support. It also offers Italy’s first blockchain policy verification service, ensuring transparency and trust in surety transactions.

The combination of Heca’s tech-driven approach and product offerings with Optio’s capabilities will create new opportunities for both companies.

This transaction follows Optio’s recent acquisitions of the Netherlands- and Brussels-based MGA Den Hartigh in July and the Luxembourg-based film and events specialist MGA Circles Group last week. It marks a significant step in Optio’s ambition to build a balanced buy-and-build platform, with acquisitions across Europe being core to this goal.

Deepak Soni, CEO, Optio Group said, “The impressive growth of Heca, led by the exceptional vision of founder and CEO Emmanuele Menicucci and managing partner Nick Evers, perfectly encapsulates the kind of entrepreneurial business culture Optio is proud to endorse. We seek to remain a long-term stakeholder and intend to support them as they continue building on their ambition, for customers and partners.”

Soni continued, “This is the latest important development in our European expansion strategy as we look to acquire and invest in entrepreneur-led, technologically advanced and innovative MGA businesses, with a strong proven track record of success.”

Emmanuele Menicucci, CEO of Heca, added, “We are delighted to announce this alliance with Optio, whose cultural values and entrepreneurial spirit mirror our own. This is a very exciting time for European MGA’s and we look forward to working with Optio to fulfil our strategic ambitions and those of our new partner.”

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