Phrases of the Arthur J Gallagher deal for Keaney weren’t disclosed.
Keaney is a business insurance coverage dealer that helps companies throughout the nation with insurance coverage and danger administration options.
Moreover, Terry Keaney and his crew will stay of their present location underneath the management of Ronan Foley, head of Gallagher’s insurance coverage dealer operations in Eire.
“Keaney’s robust shopper service and market experience are a wonderful strategic match as we proceed to increase our capabilities in Eire,” mentioned J. Patrick Gallagher, Jr., chairman, president and CEO. “I’m very happy to welcome Terry and his associates to our rising, world crew.”
This month, Gallagher named Ben Redmond as head of personal purchasers for Eire.
The transfer is a part of the corporate’s plan to increase its shopper base and product providing within the excessive web price (HNW) house within the nation.
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Redmond has greater than ten years of expertise in broking within the Irish insurance coverage sector.
As well as, Cadence Financial institution has agreed to divest its insurance coverage operations, Cadence Insurance coverage, to Arthur J Gallagher in a money deal price $904m.
Cadence Insurance coverage offers a full suite of economic property/casualty, worker advantages and private strains merchandise to purchasers.
Upon completion of the transaction, the Cadence Insurance coverage crew led by Markham McKnight and Chris Boone will function underneath the path of Gallagher Mid-South retail property/casualty brokerage operations head Bumpy Triche and Gallagher South-Central area worker advantages consulting and brokerage operations head Robby White.
