M&A

PIB owned Campion acquires Clare-based Munstergroup insurance

The brokerage is the 19th in Ireland to be acquired by the Irish wing of British insurance group PIB

Jim Campion, of Campion Insurance, said the acquisition would aid Munstergroup’s growth. Picture: file

Campion Insurance, the Irish wing of British insurance group PIB, has acquired Co Clare based Munstergroup Insurance.

It is the ninth acquisition by Campion this year and the 19th by the PIB Group in Ireland. Campion was purchased by PIB in 2021.

In a statement, the group said the acquisition was part of Campion’s strategy to expand its overall footprint in Ireland and reflected its positive view of growth potential in the country.

Jim Campion, ...