Limerick insurance brokers acquired by Arachas

Further consolidation of Ireland's fragmented insurance market

O'Malley-Griffin was established in 1948 and provides services across the Mid-West.

Limerick insurance broker O'Malley-Griffin has been acquired by Arachas in a further sign of consolidation within Ireland's insurance sector.

The company, with seven employees, is based in the city centre and provides insurance to both the consumer and commercial sectors. It was established in 1948 and provides services across the Mid-West with a strong tradition in the local and business communities. Financial details of the deal have not been disclosed.