Important Announcement

First Ireland announce acquisition by Gallagher

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First Ireland announce acquisition by Gallagher

First Ireland today announced it has been acquired by Gallagher. Gallagher has been scaling up its operations in Ireland over the last 12 months. With this latest acquisition, Gallagher will have a team of over 275 people supporting clients across Ireland. The addition of First Ireland will see Gallagher become one of the largest insurance brokers in Ireland, with further growth to come organically and from additional acquisitions in 2023 and beyond.

The First Ireland team will become part of Gallagher’s UK & Ireland Retail division, which looks after the insurance and risk management needs of over 1.3 million customers and employs over 3500 people across its office network. The existing Joint Managing Directors of First Ireland, Tony Gill and Linda Gallagher, along with Conor Lyons, Sarah Sheridan and Keith Gill will remain with the business along with all of the existing team that you know.

Tony Gill, Joint Managing Director of First Ireland, added: “Gallagher is the perfect home for our clients and for our people. The team is excited to be joining forces with a well-established global firm that has earned a strong reputation for its ethical approach. This development is great news for clients, as they will retain the personal service they are used to from the team that they know, and can additionally take advantage of Gallagher’s scale and expertise. We look forward to being part of Gallagher and building on our existing momentum as one of the go-to insurance brokers in Ireland.”

Michael Rea, CEO of Gallagher’s UK & Ireland Retail division, said: “First Ireland is a great business that further strengthens our presence in Ireland and I am delighted to welcome Tony, Linda and the wider team to Gallagher. Culturally we are a great fit and this agreement provides us with a fantastic opportunity to add further expertise and talent to Gallagher. We now turn our attention to bringing together our businesses and combining our capabilities for the benefit of all our clients.”

Ronan Foley, CEO of Gallagher in Ireland, added: “We are delighted to join forces with First Ireland and this represents a significant step forward for Gallagher in Ireland. It provides us with a strategic presence in Dublin from which we will continue to expand our nationwide footprint. First Ireland is a business we have always admired and its specialist expertise will strengthen our overall offering as we enter this new and exciting phase for Gallagher. We look forward to working with the entire First Ireland team.”


Notes:

Gallagher is the brand name of Arthur J. Gallagher & Co. (NYSE: AJG) — the global insurance broker, risk management services and consulting firm headquartered in Rolling Meadows, Illinois.
Gallagher has more than 39,000 employees specialising in risk management, and insurance solutions, for corporate, commercial and personal customers. Gallagher offers client service capabilities in more than 130 countries around the world through a network of correspondent brokers and consultants.