Arachas makes another insurance acquisition

The past five years have been marked by a series of insurance acquisition deals with over 50 transactions taking place.

D&D Insurances is focused on the marine sector and has long-established relationships with key fishing ports and marine vessels since it was founded in 1986. Picture: iStock

Insurance firm Arachas continues its rapidly growing list of acquisitions in the past two years with confirmation the company has acquired D&D Insurances Ltd.

Based in Dublin, D&D Insurances is focused on the marine sector and has long-established relationships with key fishing ports and marine vessels since it was founded in 1986. Financial details of the deal have not been disclosed. It brings the number of acquisitions by Arachas to 11 since it was acquired by Ardonagh in 2020.