SELLING YOUR INSURANCE BUSINESS WITH CONFIDENCE
What we do
SELLING YOUR BUSINESS WITH CONFIDENCE
What we do
Selling your insurance business with confidence, why AssuredPartners Ireland could be right for you
AssuredPartners Ireland offers something different – We want our business leaders to be entrepreneurs and to continue showing that entrepreneurial spirit long after they have joined the AP family. Our aim is not to simply swallow up businesses, we want them to retain the autonomy and the spark that made them attractive to us in the first place. We are not overbearing and do not want wholesale change.
AssuredPartners Ireland takes pride in its unwavering commitment to providing comprehensive insurance solutions tailored to our clients’ unique needs. As a leading international Broker company AssuredPartners Ireland specialise in both Commercial & Personal insurances, ensuring you receive the protection you deserve.
Commercial – Includes Manufacturing Risks, Professional Indemnity, Construction, Retail, Fleet, Haulage, SME, and Farm.
Personal – Deep understanding of the ever-changing personal lines market, with expertise in Private car, Household and LCV business.
“With acquisitions, AssuredPartners offers something different. We want our business leaders to be entrepreneurs and to continue showing that entrepreneurial spirit long after they have joined the AP family. Our aim is not to simply swallow up businesses, we want them to retain the Autonomy and the spark that made them attractive to us in the first place. We are not overbearing and do not want wholesale change.
When I think about the culture at AssuredPartners the best way of describing it is “Client not Corporate”. The people here almost without exception come from a client focussed background, which is very different to having spent most of their time in a boardroom, and that in itself epitomises the way in which AssuredPartners operates from top to bottom.
If you are thinking about a new chapter for your business but shudder at the thought of being told how you should handle your clients, some of which you probably consider to be friends, we would be delighted to meet and chat about how we might work together in the future.”
Graham Minogue ACII – AssuredPartners Ireland
OVERVIEW
About AssuredPartners Inc.
Led by a team with more than 55 years of insurance experience, we have the in-depth knowledge, strong carrier relationships and vast network of industry pros and resources to deliver innovative products and solutions that are customized to your precise needs.
Initially based in the City of London, our footprint has expanded into the rest of the UK and Europe following the acquisitions of Hettle Andrews in 2019, Red Insure and Everest Underwriting in 2020, Borland Insurance in 2021, PSP Group, GMIB and O’Callaghan in 2022, Anchorman, O’Donovan, Sayers and K&M Fitzgerald in 2023.
In addition, we have established a separate entity which is registered in Belgium, AssuredPartners SRL, which allows us to mediate business in Europe. This expansion has increased our capabilities across a wide range of industry sectors.
AssuredPartners was formed in 2011. We have since made over 500 acquisitions and recently surpassed $2.6bn in annualised revenue, a huge achievement for a business only 12 years old. With 250 offices and in excess of 900,000 happy customers, we are one of the largest and most diversified retail brokerage operations anywhere in the world.
Our scale represents our strength. Fostering close working relationships among a huge network of industry experts across the organisation, we actively encourage the sharing of key resources, information, contacts and best practice. AssuredPartners is a private company owned by its management and GTCR, a Chicago-based private equity firm who have demonstrated a long term commitment far beyond the usual life-cycle of a Private Equity backed portfolio company.
THE WAY WE LOOK AT ACQUISITIONS
We do things differently
In an industry filled with consolidators, AssuredPartners Ireland is different. Our focus is on relationships and people.
We understand that the best way to get the most out of an acquisition is to build on the core values that attracted us in the first place, not to override with our own. We might acquire your business, but we know that clients cannot be so easily bought. We want the leaders of businesses we acquire to stay; buying into our vision and taking ownership of their own growth. We want these businesses to retain their autonomy and not look to us to make wholesale change.
Not every opportunity will be the right fit and it’s important that both sides can see the potential benefits of working together from the outset. The partnership and the culture needs to feel right and we recognise that the type of synergies we look for cannot be achieved simply by writing the largest cheque.
Our approach
We have a very simple approach to achieving successful acquisitions; it’s all about fit. The best deals are those that work for all stakeholders; owners, clients and staff alike. As an organisation, we want to work alongside management teams in order to support their long term growth. This is what sets us apart from the competition.
For us, the acquisition of a business should be seen as a start of an exciting new journey, rather than the end. Financial performance is always important, but our view is that profitability is a product of good culture. If we can invest in and nurture good culture, we firmly believe we will benefit from sustainable profitability over the long term.
What we look for
Passionate management teams who are keen to remain involved with the business post-deal.
Sector specialism and a reputation for being thought leaders in a niche area.
Innovative approach and a new view to running the business (for example processes, automation or technology)
Opportunities for synergies and overlaps in expertise that can lead to accretive growth for both sides.
Connect:
Graham Minogue | Head of Distribution & Insurer Relationships Ireland
graham.minogue@assuredpartners.ie | :+353 (86) 830 1265
