Group’s chief executive Joey Wynne said the move strengthened the company’s regional presence throughout Ireland
Arachas
Insurance brokerage firm will take a majority stake in Athens-based company
Deal carried out by Ardonagh’s European arm, which is led by Dubliner Conor Brennan
Ardonagh’s Irish business continues to lead dramatic consolidation in the sector fuelled by private equity funding
Deal is UK group’s third purchase of retail insurance broker this year in the Republic
Move is first major role for former Ireland rugby captain since retiring in 2019
Deal will see Darragh Goggin become shareholder and director of enlarged group
Seen & heard: Eir payout; Ireland’s next ‘unicorn’; and gaps in SME rescue structure
Takeover of Arachas described as ‘an extraordinary transaction’
Businesses hope guidelines will help reform State’s ‘generous’ compensation system
Case against RSA and Arachas fast-tracked in Commercial Court
Dublin-based insurance broker to be rolled into UK brokerage group Ardonagh
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