PIB Group’s subsidiary, Campion Insurance coverage, has expanded its Irish footprint with the acquisition of County Dublin-headquartered FitzGerald Flynn Insurances.
The expansion trajectory of PIB within the Irish market has been facilitated by a collection of acquisitions, together with the latest addition of Munstergroup Insurance coverage and Lir Insurance coverage.
Established in 1998, FitzGerald Flynn Insurances gives a spread of economic planning companies and insurance coverage merchandise together with residence, automotive, life and enterprise protection.
The acquisition is predicted to enrich Campion Insurance coverage’s already vital presence in Eire.
On LinkedIn, Campion Insurance coverage said: “Led by Niall FitzGerald and Val Diggin, the addition of FitzGerald Flynn Insurances will complement our vital footprint in Eire. Welcome Niall, Val and the broader group, we’re wanting ahead to working with you.”
This acquisition marks the twentieth by PIB in Eire, demonstrating the group’s dedication to increasing its companies within the area.
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Campion Insurance coverage has been spearheading PIB’s Irish operations since its personal acquisition by the group in 2021.
Campion Insurance coverage CEO Jim Campion mentioned: “Niall, Val and the broader group have constructed a really profitable enterprise, with a robust portfolio of purchasers, and we sit up for working with them.”
Niall FitzGerald mentioned: “The acquisition of our firm by PIB Group is nice information for our purchasers and group. A crucial issue for us in deciding to promote to Campion Insurance coverage was that they take an equally long-term and proactive angle when partnering with their purchasers.
“We’re delighted to now be a part of the PIB Group and sit up for working with Jim and Campion Insurance coverage to drive additional development of the enterprise in Eire.”
David Lucas of PKF O’Connor Leddy & Holmes suggested Campion Insurance coverage on the deal for FitzGerald Flynn.
Earlier this month, PIB, headquartered within the UK, introduced three acquisitions in Spain; Aguirre Vila-Coro Correduría Seguros, Grupo IDDEAS and Javier Sánchez Consultores.