Broker continues acquisition spree with purchase of family-owned firm's customer book

AbbeyAutoline has continued its acquisition spree with the purchase of Down Insurances’ customer book.

Based in Downpatrick, Down is a family-owned broker that has expertise in commercial, personal and medical insurance products.

It was established by Michael Kearney in 1983.

“We’re delighted to welcome the Down Insurances team into the AbbeyAutoline family,” Julie Gibbons, managing director at AbbeyAutoline, said.

“Together, we will continue to provide exceptional service and comprehensive insurance solutions to our valued customers.

“We want to assure all current customers of Down Insurances that their existing insurance policies and payment arrangements will remain unaffected throughout this process.

“We are committed to maintaining the highest standards of customer service and ensuring a smooth transition for everyone involved.”

Strategy

This comes after AbbeyAutoline acquired the customer book of business belonging to Martin Carey Insurance last week.

Based Lisnaskea, Martin Carey is a family-owned broker that has expertise in home, motor, business and farm vehicle insurance.

Both deals form part of AbbeyAutoline’s plan to expand its customer footprint and enhance its commercial insurance service offerings within the Northern Ireland marketplace.

“This acquisition, along with the recent addition of Martin Carey Insurance, significantly strengthens our presence in the Northern Ireland marketplace and reinforces our commitment to delivering exceptional service and value to our growing customer base,” Gibbons said.

Jonathan Kearney, managing director of Down, added: “Joining forces with AbbeyAutoline is a positive move for our customers and our dedicated team of sales advisors.

“This acquisition ensures our clients will continue to enjoy the exceptional service they’ve come to know, now with the added benefit of AbbeyAutoline’s extensive range of personal and commercial insurance products from the world’s leading insurers.”