Brown & Brown has completed its acquisition of Cork, Ireland-based O’Leary Insurances (OLI), a deal originally announced in December.
OLI was founded in 1961 by Archie O’Leary. In 1979, O’Leary’s son, Anthony, joined the firm, and it has remained a family-run business for the past 59 years. OLI has grown to become Ireland’s largest independently owned brokerage with more than 200 employees operating from eight locations.
“Like Brown & Brown, O’Leary Insurances grew from a family-owned business to a leader in the Irish brokerage market by empowering its teammates to succeed. We are fully confident that we share with OLI the same culture of customer focus by providing unique risk solutions that meet each customer’s needs,” said Barrett Brown, president of Brown & Brown Retail.
Added Anthony O’Leary, “We view Brown & Brown’s choice of an Irish company as their European gateway to be a strong endorsement of this country, and O’Leary Insurances are delighted to join an organization whose culture and values are so similar to our own in so many respects.”