Brown & Brown buys Irish brokerage in Europe push
Brown & Brown buys Irish brokerage in Europe push 18-12-2020 10-08-2020 US broker Brown & Brown has agreed to acquire the general insurance operations of Ireland-based O’Leary Insurances (OLI) as part of its expansion strategy in Europe. The Irish broker was founded in 1961 by Archie O’Leary and has over 200 employees operating from eight locations, including Cork, Dublin, Galway and Waterford. OLI specialises in providing commercial and personal insurance. The transaction is expected to close in January 2021. Barrett Brown, president of Brown & Brown retail, said: “We are extremely ple...