Aon to acquire UK-based Insurance Broker Griffiths & Armour
Aon plc (NYSE: AON) has announced the acquisition of UK-based insurance broker Griffiths & Armour, which will operate as 'Griffiths & Armour, an Aon company'. The acquisition strengthens Aon's presence in the UK and Ireland, combining complementary capabilities. Griffiths & Armour brings approximately 200 employees and specializes in professional indemnity insurance and general insurance broking, with offices in Liverpool, Manchester, Dublin, and London. The transaction is expected to close in Q1 2025, subject to regulatory approvals. This strategic move aligns with Aon's global 3x3 Plan to accelerate its Aon United strategy.
Aon plc (NYSE: AON) ha annunciato l'acquisizione del broker assicurativo britannico Griffiths & Armour, che opererà come 'Griffiths & Armour, una società Aon'. Questa acquisizione rafforza la presenza di Aon nel Regno Unito e in Irlanda, combinando capacità complementari. Griffiths & Armour impiega circa 200 persone e si specializza in assicurazioni di responsabilità professionale e brokeraggio di assicurazioni generali, con uffici a Liverpool, Manchester, Dublino e Londra. Si prevede che la transazione si chiuda nel primo trimestre del 2025, soggetta ad approvazioni regolatorie. Questa mossa strategica è in linea con il Piano globale 3x3 di Aon per accelerare la sua strategia Aon United.
Aon plc (NYSE: AON) ha anunciado la adquisición del corredor de seguros británico Griffiths & Armour, que funcionará como 'Griffiths & Armour, una empresa de Aon'. La adquisición refuerza la presencia de Aon en el Reino Unido y en Irlanda, combinando capacidades complementarias. Griffiths & Armour cuenta con aproximadamente 200 empleados y se especializa en seguros de indemnización profesional y corretaje de seguros generales, con oficinas en Liverpool, Manchester, Dublín y Londres. Se espera que la transacción se complete en el primer trimestre de 2025, sujeta a aprobaciones regulatorias. Este movimiento estratégico se alinea con el Plan global 3x3 de Aon para acelerar su estrategia Aon United.
Aon plc (NYSE: AON)은 영국 기반의 보험 중개업체 Griffiths & Armour의 인수를 발표했습니다. 이 회사는 'Griffiths & Armour, Aon의 회사'로 운영될 것입니다. 이번 인수는 Aon의 영국 및 아일랜드 내 입지를 강화하며, 상호 보완적인 역량을 결합합니다. Griffiths & Armour는 약 200명의 직원을 보유하고 있으며, 전문 배상 보험 및 일반 보험 중개를 전문으로 합니다. 이 회사는 리버풀, 맨체스터, 더블린 및 런던에 사무소를 두고 있습니다. 거래는 2025년 1분기에 마무리될 것으로 예상되며, 규제 승인에 따라 달라질 수 있습니다. 이 전략적 움직임은 Aon의 글로벌 3x3 계획과 일치하여 Aon United 전략을 가속화하는 데 기여합니다.
Aon plc (NYSE: AON) a annoncé l'acquisition du courtier d'assurances britannique Griffiths & Armour, qui fonctionnera sous le nom 'Griffiths & Armour, une entreprise Aon'. Cette acquisition renforce la présence d'Aon au Royaume-Uni et en Irlande, combinant des capacités complémentaires. Griffiths & Armour compte environ 200 employés et se spécialise dans les assurances de responsabilité professionnelle et le courtage d'assurances générales, avec des bureaux à Liverpool, Manchester, Dublin et Londres. La transaction devrait être finalisée au premier trimestre 2025, sous réserve des approbations réglementaires. Ce mouvement stratégique s'inscrit dans le cadre du Plan mondial 3x3 d'Aon pour accélérer sa stratégie Aon United.
Aon plc (NYSE: AON) hat die Übernahme des britischen Versicherungsbrokers Griffiths & Armour bekannt gegeben, der als 'Griffiths & Armour, ein Aon-Unternehmen' tätig sein wird. Diese Übernahme stärkt die Präsenz von Aon im Vereinigten Königreich und in Irland und vereint komplementäre Fähigkeiten. Griffiths & Armour beschäftigt etwa 200 Mitarbeiter und ist auf Berufs-haftpflichtversicherung und allgemeine Versicherungsvermittlung spezialisiert, mit Büros in Liverpool, Manchester, Dublin und London. Die Transaktion wird voraussichtlich im ersten Quartal 2025 abgeschlossen, vorbehaltlich der behördlichen Genehmigungen. Dieser strategische Schritt steht im Einklang mit Aons globalem 3x3-Plan zur Beschleunigung seiner Aon United-Strategie.
- Strategic expansion in UK and Ireland markets
- Acquisition adds 200 skilled employees to workforce
- Gains specialist expertise in professional indemnity insurance
- Extends geographical presence with offices in key UK and Irish cities
- None.
Insights
This strategic acquisition strengthens Aon's market position in the UK and Ireland insurance brokerage sector. With 200 employees and specialized expertise in professional indemnity insurance, Griffiths & Armour brings valuable capabilities to Aon's portfolio. The deal aligns with Aon's 3x3 Plan and Aon United strategy, potentially driving revenue synergies through cross-selling opportunities and expanded service offerings.
The acquisition's focus on professional indemnity insurance is particularly noteworthy given the growing demand for professional liability coverage in an increasingly complex business environment. Griffiths & Armour's strong presence in key markets like Liverpool, Manchester, Dublin and London will enhance Aon's regional footprint and client base. The cultural alignment and complementary expertise suggest a smooth integration process, though execution will be key to realizing the full potential of this combination.
The acquisition represents a strategic expansion in the professional indemnity insurance space, where Griffiths & Armour has built a strong reputation. This move will enhance Aon's specialized insurance offerings and strengthen its competitive position against other major brokers. The deal's timing is opportune, as the professional indemnity market faces hardening rates and increasing demand for specialized coverage.
The retention of Griffiths & Armour's Liverpool office and existing team structure indicates a thoughtful approach to preserving client relationships and local market expertise. This acquisition will likely contribute to Aon's revenue growth and market share expansion in the UK and Ireland, while also providing cross-border opportunities through Aon's global network.
The acquisition closely aligns with Aon's strategy to further expand its presence in the
"As we continue to go further, faster to help our clients navigate growing uncertainty and volatility, we are looking forward to welcoming Griffiths & Armour to Aon," said Greg Case, CEO of Aon. "Our complementary capabilities and cultures will create unmatched client and colleague experiences across the
Griffiths & Armour has established a market-leading presence from their base in the north of
Carl Evans, CEO of Professional Risks for Griffiths & Armour, commented; "Becoming part of the Aon family is the result of a meticulous search for a trusted partner with whom we can work, to ensure the future success of Griffiths & Armour and to enable us to enhance, grow and expand our unique client proposition. This proposition is founded on a culture that has been created and refined over the last 90 years, of which we are immensely proud."
Matt Donnelly, CEO of General Insurance for Griffiths & 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."
"Griffiths & Armour is a brilliant business and will bring quality, expertise and an exceptional platform for growth to our firm," said Jane Kielty,
Closing of the transaction is subject to customary conditions, including regulatory approvals, and is expected to occur in the first quarter of 2025. Aon and Griffiths & Armour will continue to operate independently until the closing date.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.
About Griffiths & Armour
Griffiths & Armour are a consulting insurance broker providing clarity and protection for business leaders. We exist to make our clients' worlds less complicated by minimising risk. We work across a range of sectors by combining deep market insight, long-term relationships, and end-to-end support to manage and minimise professional and business risk, as well as offering private client support to protect individuals' most important personal assets.
Media Contacts
Aon
mediainquiries@aon.com
Toll-free (
International: +1 312 381 3024
Griffiths & Armour
marketing@griffithsandarmour.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/aon-to-acquire-uk-based-insurance-broker-griffiths--armour-302294129.html
SOURCE Aon plc
FAQ
When will Aon's acquisition of Griffiths & Armour be completed?
How many employees will Aon gain from the Griffiths & Armour acquisition?
What will be the new name of Griffiths & Armour after the AON acquisition?
Which locations does Griffiths & Armour currently operate in?
