The parent firm of Abbey Insurance Brokers has completed its swoop for Autoline Insurance.
Autoline, which has a network of four insurance broking branches and a head office in Newry, brings Prestige Insurance Holdings’ workforce to more than 700 people. The Newtownabbey-based group’s broking business Abbey Insurance has 23 branches province-wide, including its Carrickfergus head office.
“We have worked closely with the team in Autoline over recent months and we are very pleased that this has been completed smoothly and quickly,” commented Prestige Insurance Holdings chief executive Trevor Shaw (pictured).
“As a newly combined management team we are already working together to maximise the knowledge and experience of both companies for the benefit of our customers and the growth of our business in Northern Ireland and beyond.”
Shaw added that it will be business as usual for both Autoline and Abbey Insurance.
“Customers of both businesses can be confident that their current insurance cover will not be affected by this move,” assured the CEO.
Financial terms of the transaction were not disclosed.