Brown & Brown (Europe) Ltd has acquired 100% of the equity capital of T Oscar Rollins & Company Ltd, known as Rollins Insurance Brokers.
Rollins, founded in 1945 by T Oscar Rollins, has operated as a family-owned business in Holywood, Northern Ireland. The company provides commercial and personal lines insurance, with a focus on insurance for social clubs, golf clubs, and other sports associations.
Following regulatory approval, Rollins will be integrated into Brown & Brown’s Northern Ireland business, ABL Group. The existing Rollins team, including managing director Dermot Rollins, will remain and continue to develop the business, reporting to ABL Group CEO Maurice Boyd (pictured above).
The transaction was finalised on June 3, 2024, with the financial terms undisclosed.
Boyd described Rollins as having “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,” Boyd said.
Rollins, meanwhile, highlighted how Brown & Brown's understanding of their culture made the acquisition decision straightforward.
“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,” Rollins said.
In other recent developments, Brown & Brown Europe has also made two key appointments for its UK retail division: Carolyn Callan, who came on board in late 2023 as managing director, will be elevated to chief executive, while Stuart Grieb is taking on the newly created chief commercial officer post.
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