Brown & Brown (Europe), a division of US-based insurance coverage brokerage Brown & Brown, has acquired Rollins Insurance coverage Brokers for an undisclosed sum.
The deal consists of 100% of the fairness capital of T Oscar Rollins & Firm, which trades as Rollins Insurance coverage Brokers in Holywood, Northern Eire.
Based in 1945 by T Oscar Rollins, the corporate has maintained its standing as a family-owned enterprise catering to the local people.
Rollins presents business and private strains insurance coverage, with a give attention to social golf equipment, golf golf equipment and different sports-related organisations.
With regulatory approval in place, Rollins can be built-in into Brown & Brown’s Northern Eire operations beneath the ABL Group model.
The present Rollins workforce, led by managing director Dermot Rollins, can be retained and now report back to ABL Group CEO Maurice Boyd.
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Boyd mentioned: “Rollins is a gem of a enterprise, with excellent service to prospects, an awesome custom, sense of historical past and deep roots in the local people. They’re a enterprise with excellent buyer retention and entrepreneurial management eager to increase its footprint throughout choose markets. Rollins is an impressive addition to ABL Group, and it’s a nice pleasure to welcome Dermot and his workforce to Brown & Brown.”
Dermot Rollins added: “Brown & Brown has an intuition for companies like ours, and their understanding of our tradition and ethos made the choice to place our future of their fingers straightforward. We stay up for working alongside Maurice and the remainder of the workforce and contributing to Brown & Brown’s place as a eternally firm.”
Earlier this week, Brown & Brown acquired the property of McNamara Firm, a Minnesota-based household company that has been offering insurance coverage options to shoppers throughout the US since 1970.
Moreover, final month, Brown & Brown (Europe) took over UK-based Garratts Insurance coverage Brokers and the enterprise and property of BNF Insurance coverage Companies.
