Broker set to update name as Aon announces acquisition

Aon has signed an agreement to acquire broker Griffiths and Armour.

Based in the north of England, Griffiths and Armour has expertise in professional indemnity insurance and employs around 200 staff based across Liverpool, Manchester, Dublin and London.

The transaction is expected to close in the first quarter of 2025. Once complete, the broker is set to go to market as Griffiths and Armour, an Aon company.

Jane Kielty, UK chief executive at Aon, said: “Griffiths and Armour is a brilliant business and will bring quality, expertise and an exceptional platform for growth to our firm.

“We’re very excited to work with the leadership team to deliver the fantastic results for clients and colleagues that we passionately believe will be created by joining together.”

Matt Donnelly, chief executive of general insurance at Griffiths and Armour, added: “We have long regarded Aon for its professionalism and client service excellence.

“In them we have found a partner who will not only help deliver continued growth, but also preserve and embrace the culture that we and our client community hold dear. We very much look forward to this next chapter.”

Expansion

The acquisition comes after Aon announced it had completed its acquisition of NFP in April 2024.

Aon said its latest purchase forms part of its strategy to further expand its presence in the UK and Ireland.

Greg Case, chief executive at Aon, said: “As we continue to go further [and] faster to help our clients navigate growing uncertainty and volatility, we are looking forward to welcoming Griffiths and Armour.

“Our complementary capabilities and cultures will create unmatched client and colleague experiences across the UK and Ireland and contribute to our global 3x3 plan to accelerate our Aon United strategy.”