Two Northern Ireland insurance brokers are coming together to form one of the largest independent insurance policy providers in the UK and Ireland, it has been announced.
Kerr Insurance will become part of the Dickson & Co Group, increasing the brokers workforce by 50% and making the Omagh-based family business a significant personal and commercial lines player in the UK and Ireland marketplaces.
The deal is the latest in a series of acquisitions and expansions undertaken by Dickson & Co as part of an ambitious £7m investment by the Dickson family that has doubled the size of its’ UK and Ireland operations.
The addition of Kerr Insurance to the group will be the business’s fourth acquisition in the last two years and the company’s 13th overall.
Together, the two community-based brokers will collectively employ more than 150 staff, serving customers across a combined network of 17 trading sites in Northern Ireland and two branches in the Republic of Ireland under the Dickson & Wilson Insurance brand.
The expanded group is now forecast to manage more than 50,000 insurance policies across 170 insurance companies with an annual premium value of more than £45m.
Kerr Insurance will become part of the Dickson & Co Group, increasing the brokers workforce by 50% and making the Omagh-based family business a significant personal and commercial lines player in the UK and Ireland marketplaces.
The deal is the latest in a series of acquisitions and expansions undertaken by Dickson & Co as part of an ambitious £7m investment by the Dickson family that has doubled the size of its’ UK and Ireland operations.
The addition of Kerr Insurance to the group will be the business’s fourth acquisition in the last two years and the company’s 13th overall.
Together, the two community-based brokers will collectively employ more than 150 staff, serving customers across a combined network of 17 trading sites in Northern Ireland and two branches in the Republic of Ireland under the Dickson & Wilson Insurance brand.
The expanded group is now forecast to manage more than 50,000 insurance policies across 170 insurance companies with an annual premium value of more than £45m.
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LifestyleTranscript
00:00 This is a very significant deal for both the Care Group and for Dixon & Company Insurance
00:04 Brokers. The combination of the two businesses combines 125 years of insurance experience
00:11 and serving the population of Northern Ireland and it will also extend our branch network
00:17 to a total of 19 offices across the island of Ireland. At a time of centralisation and
00:24 office closures, this is a significant statement. This deal will make the Dixon Group one of
00:30 the largest independent insurance brokers in Ireland and will also bring us into probably
00:39 the top 20 independent brokers UK wide. I'd really just like to reinforce that there are
00:46 no planned office closures and there are no planned redundancies so there's absolutely
00:51 zero risk for our staff and in actual fact what we want to offer is career progression
00:57 opportunities for our staff. We're not taking our foot off the gas, this is a significant
01:02 investment, but we're not finished yet.