Cornmarket buys insurance broker Penpro

Firm specialises in group schemes for public sector

10th June, 2016
Cornmarket snaps up insurance broker Pic: Pixabay

Cornmarket Group Financial Services is to take control of independent insurance broker Penpro.

The acquisition, which is subject to regulatory approval, is expected to be completed in early August. No financial details of the deal were given.

Penpro specialises in the administration of group life, income protection, serious illness and additional voluntary contribution (AVC) schemes to members of the Garda Representative Association (GRA), army officers (CAOGA) and other groups within the public sector.

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