McGill and Partners now has fourteen employees based at the Dublin office it opened in October last year.
The Irish-based part of the firm began transactions in January last year and said it intends to grow to fifty colleagues within the next three years.
Stephen Cross, CEO for Ireland at McGill and Partners, said: “After announcing our intention to expand to Ireland in 2020, it’s gratifying to see everyone’s hard work come to fruition with our fantastic new office – amidst the pressures on the pandemic. Ireland’s access to the European markets, business infrastructure and the support from regulators and IDA Ireland made Dublin an obvious choice to handle our European business.”
He added: “Industrial Development Agency (IDA) Ireland has been extremely supportive on this journey and has ensured an extremely smooth process. We’re thrilled to grow the business in Ireland and are looking forward to seeing what the next few years bring.”
The company said its move into Ireland had been supported by IDA Ireland, under its remit of attracting and retaining foreign direct investment into the country.
McGill and Partners’ Dublin office will offer its European clients access to global insurance markets and industry experts who have the knowledge and expertise to help place larger clients and those with complex and/or challenging needs. The broker expects to handle $1bn (€820m) of premiums through the Dublin office over the next five years.