Brown & Brown (Europe), a division of US-based insurance brokerage Brown & Brown, has acquired Rollins Insurance Brokers for an undisclosed sum.
The deal includes 100% of the equity capital of T Oscar Rollins & Company, which trades as Rollins Insurance Brokers in Holywood, Northern Ireland.
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Founded in 1945 by T Oscar Rollins, the company has maintained its status as a family-owned business catering to the local community.
Rollins offers commercial and personal lines insurance, with a focus on social clubs, golf clubs and other sports-related organisations.
With regulatory approval in place, Rollins will be integrated into Brown & Brown’s Northern Ireland operations under the ABL Group brand.
The existing Rollins team, led by managing director Dermot Rollins, will be retained and now report to ABL Group CEO Maurice Boyd.
Boyd said: “Rollins is a gem of a business, with outstanding service to customers, a great tradition, sense of history and deep roots in the local community. They are a business with outstanding customer retention and entrepreneurial leadership keen to expand its footprint across select markets. Rollins is an outstanding addition to ABL Group, and it is a great pleasure to welcome Dermot and his team to Brown & Brown.”
Dermot Rollins added: “Brown & Brown has an instinct for businesses like ours, and their understanding of our culture and ethos made the decision to put our future in their hands easy. We look forward to working alongside Maurice and the rest of the team and contributing to Brown & Brown’s position as a forever company.”
Earlier this week, Brown & Brown acquired the assets of McNamara Company, a Minnesota-based family agency that has been providing insurance solutions to clients across the US since 1970.
Additionally, last month, Brown & Brown (Europe) took over UK-based Garratts Insurance Brokers and the business and assets of BNF Insurance Services.
