O'Leary Insurance acquired by US firm

US company acquires Cork firm's general insurance business in mulitmillion euro deal

The O'Leary Insurance Group (OLI) in Cork is to sell its general insurance business to a US firm entering the European market.

Founded in 1961 by Archie O'Leary, OLI has remained a family run business for the past 59 years and is currently led by Anothony O'Leary. The firm is now Ireland’s largest independently owned brokerage with more than 200 employees operating from eight locations, including Cork, Dublin, Galway and Waterford.