British insurer PIB Group has acquired Fingal Insurance Group, established in 1982 and a specialist in the construction, logistics and haulage sectors.

PIB was set up in 2015, backed by private equity firms Apax Funds and The Carlyle Group, with ambitious plans to expand both in Ireland and Europe. It already has offices in the UK, Channel Islands, Ireland, Germany, Poland, Denmark, Spain and the Netherlands.

PIB chief executive Brendan McManus said: “I am absolutely thrilled that Conor, Jim and their team have become part of PIB Group. They bring decades of experience in the construction and transport sectors, which will broaden our growing proposition in Ireland and choice of products for customers.

“Through PIB’s investment, I look forward to seeing the company continue to succeed while enjoying many new opportunities and leveraging the strength of being part of a bigger group.”

Fingal managing director Conor McCarthy stated: “For forty years Fingal Insurance Group has enjoyed building strong relationships with our customers to service their insurance needs. Our loyal customer base is testament to our teams' excellent focus on price and service.

In Association with

"Getting to join a big partner like PIB is a very positive step for our clients as well as our staff. We very much look forward to playing an active part in PIB’s growth and success in Ireland.”

PIB has acquired several Irish businesses in quick succession in less than twelve months. These include Campion Insurance, Creane & Creane, Oliver Murphy, and Alan Tierney & Partners.