Campion Insurance acquires Tim Duggan Insurances Ltd

6 June 2023

Tim Duggan Insurances Ltd, based in Limerick City, is the latest specialist brokerage to become part of the rapidly growing insurance intermediary PIB Group Ltd (‘PIB’). The business was acquired through Campion Insurance, which leads PIB’s Irish division. This acquisition further strengthens Campion’s portfolio of businesses in Ireland.

Tim Duggan will continue to lead Tim Duggan Insurances Ltd and the business will form part of PIB’s Irish division, led by Campion Insurance who have been part of PIB since 2021.

The arrival of Tim Duggan Insurances Ltd to Campion’s portfolio adds to the accelerated growth in Ireland and builds on the businesses already acquired. Following this acquisition, the total headcount for PIB in Ireland now exceeds 400 employees.

This acquisition further builds on Campion’s and PIB Group’s strategy of developing specialist businesses in their markets and will add to and complement the significant footprint Campion Insurance has in Ireland. Following on from recent acquisitions, Campion is very well placed to meet the needs of all its customers by offering a broad range of services and offerings from specialist commercial products, motor and home insurance and life & pensions products.

This acquisition further builds on Campion’s and PIB Group’s strategy of developing specialist businesses in their markets and will add to and complement the significant footprint Campion Insurance has in Ireland. Following on from recent acquisitions, Campion is very well placed to meet the needs of all its customers by offering a broad range of services and offerings from specialist commercial products, motor and home insurance and life & pensions products.

Jim Campion, CEO of Campion Insurance, commented “The addition of Tim Duggan Insurances Ltd aligns with our strategy of developing our specialist insurance offerings for the benefit of our customers. I would like to extend a very warm welcome to our new colleagues, and I look forward to working with Tim and his team. We will continue to invest in talent to drive organic revenue growth and will also look to further acquire businesses that will enhance our Group more broadly.”

Tim Duggan, Managing Director, Tim Duggan Insurances Ltd said: “The acquisition of our company by PIB Group is great news for our clients and team. It provides our customers with greater scale and a wider range of services which is very exciting. We are delighted to now be part of the Group and look forward to working with Jim and Campion Insurance to drive further growth of the Campion business.”