Aston Lark Ireland is to acquire Marine & General Insurances DAC.
The deal, subject to regulatory approval, is being made for an undisclosed amount and will be the eighth acquisition made by Aston Lark Ireland, following its acquisitions of North County Brokers, O’Loughlin Insurance Group, McMahon Galvin Limited, Brady Burns & Associates, Principal Insurance Ireland, Abbey Murphy Insurance, and Brassington Insurance.
Robert Kennedy, Aston Lark Ireland CEO, said: “Marine & General Insurances DAC has built up an enviable reputation over the years as a broker providing exemplary service and striving to put their clients’ interests at the heart of everything they do.”
He added: “From early on in the discussions with the Marine & General team, it was clear that there is an excellent cultural fit between our businesses, and I’m delighted to welcome them into the Aston Lark family. We are keen to continue growing and acquiring like-minded brokers in Ireland as we look to deliver on our ambition to become Ireland’s leading independent insurance broker.”
Aston Lark has been on an acquisitions spree in recent months, having acquired Healthwise Group a couple of weeks ago. It also appeared on these pages was in December when the company announced that it had acquired the client book of Choice Benefits. Backed by Goldman Sachs, Aston Lark picked up Bainbridge Collins, Innovation Broking, and Philip Williams & Company in November.
