January 12 2023
McGivern Insurance Brokers are the latest specialist business to become part of the rapidly growing insurance intermediary PIB Group Ltd (‘PIB’). The business was acquired through Campion Insurance, which leads PIB’s Irish division. This acquisition further strengthens Campion’s portfolio of businesses in Ireland.
The arrival of McGivern Insurance adds to Campion’s accelerated growth in Ireland and builds on the ten businesses already acquired. Following the acquisition, the total headcount for PIB in Ireland is now 360 employees.
About McGivern Insurance
McGivern Insurance is a specialist retail insurance broker which was founded in Dublin in 1982 by Hugh McGivern. The Company operates from offices located in Dublin, with a dynamic commercial team who understand their clients’ businesses and have established lasting relationships. McGivern offers a range of insurance solutions across Legal, Financial, Aviation, Technology, Retail and Construction sectors. McGivern’s expertise and schemes include Professional Indemnity for Solicitors firms, bespoke Loan Portfolio Protection for Mortgage Lenders and Asset Management Companies and Aviation Risk Advisory for Leasing Companies, MRO’s, Airlines and Unmanned Aircraft.
Integration & Opportunity
Following completion of the deal, its business as usual for their clients and the team, which will continue to be led by Eimear Lane, Managing Director. The business will form part of PIB’s Irish division, led by Campion Insurance who have been part of PIB since 2021.
This acquisition builds further on Campion’s and PIB Group’s strategy of developing specialist businesses in our markets and will both add to and complement the significant footprint Campion Insurance has in Ireland. With our growing scale and size, we are very well placed to meet the needs of all our customers, with our broad range of services and offerings from specialist commercial products, motor and home insurance and life & pensions products.
Eimear Lane, Managing Director, McGivern Insurance said: “The acquisition of McGivern Insurance by PIB Group is great news for our clients and team. We believe that we can contribute strongly to the growth of the business in Ireland and look forward to working with Campion Insurance and PIB to combine and benefit from the strength of the Group and their success and scale in the market.”
Complementing PIB Ireland Strategy
Jim Campion, CEO of Campion Insurance, commented “I would like to extend a very warm welcome to our new colleagues, following the acquisition of McGivern Insurance. The addition of the business is a great start to 2023, highlighting our growing strength in the Irish market and aligns well with our strategy of developing our specialist insurance offerings for the benefit of our customers. We are fully confident that with the great collaboration already in place across our Irish businesses, the whole Irish group will continue to go from strength to strength.”
Looking ahead to the rest of 2023, PIB and Campion Insurance will continue to invest significantly in the Irish insurance market and attract more excellent local brokers to the growing division. We will continue to attract new talent and develop our team in Ireland to provide ambitious employees with challenging and rewarding careers.