Gallagher has expanded its Irish footprint with the strategic acquisition of Dublin's Keaney Insurance Brokers. Transaction details were not disclosed.
Established in 1993 by Terry Keaney, the brokerage has carved a niche for itself in the Irish market, offering tailored insurance and risk management services. Post-acquisition, Keaney, alongside his leadership team, will continue to steer the company, now under the broader umbrella of Gallagher's Irish operations led by CEO Ronan Foley.
With over 275 risk professionals across Ireland and placing €150 million in gross written premiums into the market, Gallagher's existing Irish operations span several key locations including Dublin, Limerick, and Kerry. The integration of Keaney into Gallagher's fold not only reinforces the latter’s market presence, particularly in Dublin, but also enhances its capabilities across Ireland.
“I’m delighted to welcome Keaney Insurance Brokers to Gallagher. I have known the business for a number of years and have always admired their professionalism, expertise and the way they take time to really understand their clients’ needs and the risks they face. The acquisition will increase our presence in Dublin following our acquisition of First Ireland earlier this year and add to our expertise nationally,” Foley said.
As the market continues to consolidate, Foley also said that Gallagher continues to be on the lookout for further acquisitions.
Elsewhere for the global broker, Gallagher has named Ben Redmond as the head of private client for Ireland in a bid to expand the broker’s clientele and enrich its product range within the high net worth segment.
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