Leading insurance brokers in west of Ireland expansion

Arachas, Ireland's largest nationwide insurance broker, today announced the acquisition of Mulryan O’Gorman Insurance Brokers Limited, a family-owned brokerage established in 1999 in Galway.

This acquisition aligns with Arachas’ plans for strategic growth in Connacht and follows several other successful acquisitions in Ireland’s other three provinces, including Insight Insurances, Gerry O’ Mahony Insurances and McDonald Dwyer Reddy & Byrne Insurances in Munster, John Brady Insurances in Ulster and Sheeran Insurances and Kinane Insurances in Leinster.

With a 26-year legacy in Galway City, Mulryan O’Gorman Insurance has built a strong reputation providing insurance solutions both locally and nationally to large commercial entities and the SME sector.

Padraig O’Gorman and the team at Mulryan O’Gorman, will remain with Arachas following the acquisition, ensuring a smooth transition for clients.

Joey Wynne, CEO of Arachas, said: “The acquisition of Mulryan O’Gorman Insurance Brokers is an important opportunity for us as we expand our presence in Galway and the west of Ireland.

"Mulryan O’Gorman’s strong focus on commercial lines and its commitment to serving the local and national markets, align perfectly with our goals.

"We are thrilled to welcome Padraig and his team to Arachas. We have been committed to investing in Galway and see massive growth opportunities in the area with a combination of growing population, high education levels and the entrepreneurial spirit that lives and breathes in the Galway community.

Michael Maloney, Regional Director, West, Arachas, added: “We are delighted with the acquisition of Mulryan O’Gorman, and we are excited to welcome their talented team into the Arachas family. Their deep understanding of the Galway region’s market together with their expertise and dedication to client service will only serve to enhance our offering in the West of Ireland.

With nearly half of this region’s private sector workers employed by small businesses, the opportunity for Arachas to provide insurance solutions to enable further growth is immense and exciting.”

Padraig O’Gorman expressed his enthusiasm about the acquisition.

“I am proud to see Mulryan O’Gorman become part of the Arachas family. Our commitment to our valued and loyal clients will continue unabated. Our clients will benefit from the extensive resources that Arachas will bring to bear.”