Clare-based insurance group acquired by global US brokers

The acquisition will see US-based Assured Partners increase its total gross written premiums in Ireland to over €100m

Based in Killaloe, the family run insurers, ODI was founded in 1981, with its client base growing to over 4,000 throughout its forty years in operation. 

Clare-based O'Donovan Insurance has been acquired by global brokers, Assured Partners for an undisclosed amount.

The family-run business will be absorbed by the firm's Irish platform, Kerry-based Gallivan Murphy Insurance Brokers, with the transaction expected to be completed in May 2023.