ABL Group, the Northern Ireland hub of Brown & Brown Europe, has successfully acquired 100% of the share capital of two insurance businesses based in Northern Ireland: Davison & Associates (NI) Ltd and Davison Lamont Ltd.
Founded in 2009 by Brian Davison and his daughter Kathrine Davison, Davison & Associates has emerged as a progressive commercial claims management company in Northern Ireland. The firm specialises in delivering timely responses to significant commercial and household losses.
Meanwhile, Davison Lamont, established in 2012 by Brian Davison and Niall Lamont, operates as an insurance consultancy business. The company offers tailored services, facilitating market placement for businesses to meet their insurance needs. It caters to a diverse array of sectors in Northern Ireland.
Regulatory approval has been obtained for Davison & Associates, while Davison Lamont, operating as an appointed representative, does not require approval. The financial considerations for both transactions remain undisclosed.
Maurice Boyd, ABL’s CEO, said that both acquisitions stand to benefit Brown & Brown. Boyd also confirmed that both businesses would relocate to ABL’s offices in Belfast.
“We are thrilled to have acquired such a high-quality family-owned company which is without equal in the claims management sector in Northern Ireland. Our customers will benefit significantly from access to Brian and his team’s deep experience on major and complicated claims cases,” Boyd said.
“Brian and Niall have an enviable track record of successful long-term relationships with their commercial customers,” he said. “As part of the group, they will be a huge asset to our customer proposition, and I am excited that they have decided to join ABL.”
Recently, the brokerage also finalised the acquisition of Kentro Capital Limited as well as Berkeley Insurance Group.
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