Aston Lark Ireland has an ambition to become the leading independent insurance broker 

Aston Lark Ireland has today (23 February 2022) agreed to buy financial broker Marine and General Insurances DAC, subject to regulatory approval.

This is the eighth acquisition made by Aston Lark Ireland since it launched in May 2021.

Robert Kennedy, Aston Lark Ireland’s chief executive, said: “We are keen to continue growing and acquiring like-minded brokers in Ireland as we look to deliver on our ambition to become Ireland’s leading independent insurance broker.

“Marine and General Insurances DAC has built up an enviable reputation over the years as a broker providing exemplary service and striving to put [its] clients’ interests at the heart of everything [it does].

“From early on in the discussions with the Marine and General team, it was clear that there is an excellent cultural fit between our businesses and I’m delighted to welcome them into the Aston Lark family.”

Previous acquisitions made by the firm include North County Brokers, O’Loughlin Insurance Group, McMahon Galvin, Brady Burns and Associates, Principal Insurance Ireland, Abbey Murphy Insurance and Brassington Insurance.

‘Perfect fit’ for growth

Dublin-based Marine and General was established in 1972. It provides bespoke solutions to individuals and businesses for general insurances, financial services and life and pensions products.

The team is led by sales director Colm Tyndall and owner Gavin Kennedy.

Tyndall said: “Since joining Marine and General in 1982, I had no intention of ever changing the successful model of the business.

“However, after chatting with Robert Kennedy, it became very apparent that our shared values and principles, particularly regarding staff and clients, were closely aligned, allowing for a perfect fit for the future growth of our business.”

Gavin Kennedy added: “With the ever-changing insurance market in recent years, it became very apparent if I wanted to secure the future for our clients and staff, the opportunity to join Aston Lark could not be missed.

“This will afford us access to markets and expertise we never previously had in our arsenal, giving us an opportunity for future expansion and opportunities for staff and clients alike.”