Innovu to rebrand as Gallagher
Gallagher will rebrand Innovu and build the broker organically and through M&A into a top three player in Ireland, Michael Rea, CEO of Gallagher’s retail division, UK & Ireland has set out.
Gallagher bought Innovu last week and Rea told Insurance Age that rather than completing a deal in the region quickly it spent time focusing on finding a business of scale which worked across the right business lines.
“We liked the size of the business, the lines they are in – mid corporate and personal lines – and the leadership team there,” he commented. “It will be a great fit for Gallagher.”
It is the first move for Gallagher into the territory following a long search with Rea admitting
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