Phrases of the Arthur J Gallagher deal for Keaney weren’t disclosed.
Keaney is a business insurance coverage dealer that helps companies throughout the nation with insurance coverage and danger administration options.
Moreover, Terry Keaney and his staff will stay of their present location underneath the management of Ronan Foley, head of Gallagher’s insurance coverage dealer operations in Eire.
“Keaney’s sturdy consumer service and market experience are a superb strategic match as we proceed to develop our capabilities in Eire,” mentioned J. Patrick Gallagher, Jr., chairman, president and CEO. “I’m very happy to welcome Terry and his associates to our rising, world staff.”
This month, Gallagher named Ben Redmond as head of personal shoppers for Eire.
The transfer is a part of the corporate’s plan to develop its consumer base and product providing within the excessive web value (HNW) house within the nation.
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Redmond has greater than ten years of expertise in broking within the Irish insurance coverage sector.
As well as, Cadence Financial institution has agreed to divest its insurance coverage operations, Cadence Insurance coverage, to Arthur J Gallagher in a money deal value $904m.
Cadence Insurance coverage gives a full suite of economic property/casualty, worker advantages and private traces merchandise to shoppers.
Upon completion of the transaction, the Cadence Insurance coverage staff led by Markham McKnight and Chris Boone will function underneath the route of Gallagher Mid-South retail property/casualty brokerage operations head Bumpy Triche and Gallagher South-Central area worker advantages consulting and brokerage operations head Robby White.
