Insurance broker AssuredPartners has acquired Cork firm Fitzgerald Insurances via its pre-existing Irish platform Gallivan Murphy Insurance Brokers Ltd (GMIB.ie).
Located in Kanturk, Fitzgeralds provides general insurance broking services to more than 7,000 commercial and personal policies across Munster. It was established by Don Fitzgerald in 1968.
Today, the family-run insurance broker is owned by siblings Kieran and Marion Fitzgerald, who will remain with the business.
Since acquiring GMIB in June 2022, AssuredPartners has also acquired O’Callaghan Insurances in the North-East, O’Donovan Insurances in the Mid-West and most recently, Sayers Insurances in Co Kerry.
Following this most recent acquisition, total annual gross written premium at AssuredPartners Ireland will exceed €125m and the firm expects to add a further €75m over the next year through a combination of organic and acquisition growth, aiming for close to 4% market share.
On behalf of Fitzgerald Insurances, Marion and Kieran Fitzgerald said: “We are both very pleased to join the GMIB.ie family from our base here in Kanturk. We expect business as usual but with even greater access to a deeper pool of expertise and product choices for our customers.”
David Heathfield, CEO of AssuredPartners UK & Ireland, said: “We are delighted to welcome Kieran, Marion and their team on board. They bring decades of exceptional experience and further enhance our market strength in the South and Mid-West in particular.
"We remain active buyers of family brokerages building on their local knowledge and supporting them in driving sustainable growth within a very supportive structure.”
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