The broker has offices in Dublin, Portlaoise and London

Aston Lark has acquired Ireland’s first ever fully licensed Lloyd’s broker, Robertson Low.

Robertson Low was established in 1995 and today employs 40 staff from its offices in Dublin, Portlaoise and London.

The team is led by managing director Andrew Low, Mark Boland, Mark Whelan and Denise Behan.

Low said: “We’re very excited by the plans we have for the business over the coming years - we can further develop our wholesale offering for our broker clients in Ireland and look to grow locally through targeted acquisitions. We look forward to meeting all of our new colleagues across Aston Lark.”

The acquisition is Aston Lark’s first of 2019 - in a year when chief executive Peter Blanc hopes to secure new private equity investment to fund further deals.

The deal also marks Aston Lark’s first international acquisition.

Aston Lark chief executive Peter Blanc said: “We’re delighted to welcome the Robertson Low team into the Aston Lark family. We will look to further expand our presence in Ireland with acquisitions over the coming years to cement Robertson Low’s position as one of the leading brokers in Ireland.”

The deal is subject to approval by the Central Bank of Ireland.