Insurance coverage dealer Brown & Brown has strengthened its footprint in Northern Eire with the acquisition of two insurance coverage firms for an undisclosed sum.
Via the ABL Group, the brokerage has acquired Davison & Associates (NI) and Davison Lamont.
Arrange by Brian Davison and his daughter Kathrine Davison in 2009, Davison & Associates is an insurance coverage claims administration firm.
It helps reply to giant family and industrial losses.
Davison Lamont operates as an insurance coverage consultancy, targeted on providing personalised providers. It helps companies in Northern Eire throughout quite a lot of industries.
Brian Davison and Niall Lamont arrange Davison Lamont in 2012.
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In line with ABL CEO Maurice Boyd, the acquisition of Davison & Associates is predicted to reinforce ABL’s claims service.
“We’re thrilled to have acquired such a high-quality family-owned firm which is the ultimate within the claims administration sector in Northern Eire. Our prospects will profit considerably from entry to Brian and his crew’s deep expertise on main and sophisticated claims instances,” Boyd stated.
“Brian and Niall have an enviable observe report of profitable long-term relationships with their industrial prospects. As a part of the group, they are going to be an enormous asset to our buyer proposition, and I’m excited that they’ve determined to affix ABL.”
The acquired companies will relocate to ABL’s Belfast workplaces.
Brian Davison famous: “We strongly consider that ABL and the broader Brown & Brown Europe group would be the very best custodians for our crew and our prospects.”
“I’ve watched the rising success of ABL for a variety of years, and labored alongside them on many events, so I’m assured that ABL would be the good match for us all.”
Final week, Brown & Brown acquired UK-based Kentro Capital, which operates from workplaces throughout the UK, the US, Europe, Asia and Dubai.