PIB Group acquires Sheridan-Colohan Insurance Brokers in Ireland
September 8, 2022
PIB Group Ltd (‘PIB’) has snapped up another strong business in Ireland with the addition of Sheridan Colohan Insurance Brokers (‘Sheridan-Colohan’). Based in the county town of Wicklow, the general insurance broker is the eighth business to join PIB’s expanding portfolio of businesses in Ireland.The milestone is particularly timely as the family business celebrates 41 years of trading this month. In that time, Sheridan-Colohan has grown to provide its customers in local and surrounding areas with a professional financial service spanning personal, financial and commercial insurances.
The team will settle in with the support and guidance of colleagues at Campion Insurance who are leading PIB’s expansion into the Irish market. Campion is one of the country’s largest insurance brokers and joined PIB in 2021.
Jim Campion, CEO for Campion Insurance, commented: “The East coast of Ireland has been graced once again with PIB’s growing footprint! I’m delighted that we have attracted another fantastic addition to become part of our family of businesses in Ireland. Welcome to Eamonn and everyone at Sheridan-Colohan. Together they have built a strong business with consistent growth. Plus, a very loyal customer base that has stayed with them for many years, which is credit to their reputation as an honest and reliable company. We are looking forward to supporting all our new colleagues with their continued development and growth, while enjoying many more years of business success together.”
About Sheridan–Colohan
Founded by Eamonn Sheridan, who has over forty years’ experience in all aspects of insurance and financial planning, Sheridan-Colohan was established in 1981. Today, Eamonn is supported by a dynamic management team formed of his daughter Georgina, Linus Devlin and Jackie McCabe.
Eamonn Sheridan, commented: “This is a very exciting time for us, and we are delighted to become part of PIB Group. Not only have we reached a proud milestone of 41 years in business this year, we are taking an important step for our future, which is made even stronger by being part of a larger group. I want to say a big thank-you to our fantastic team who have been instrumental in our success, which has led to us being in a position today to join PIB’s growth journey. Our team remains integral to our future and providing an excellent service to our customers.”
From an office in the town of Wicklow near Dublin, Sheridan-Colohan provides a professional financial service. Products range from personal insurances for motor, household and travel through to commercial insurances for commercial property, motor fleet, and liability. Plus, life assurance, pensions, savings and investments.
Importantly, the people behind those products consist of a highly qualified team of 15. They pride themselves on their professional and friendly service, and having built a reputation within the community as an honest and reliable company. This has resulted in a 6,000 loyal customer base, some of which have stayed with the company for around twenty years or more. Many firm relationships have also developed over time with peers across the industry. Some of whom are now part of PIB, which has helped to influence the next move for Sheridan-Colohan.
Eamonn Sheridan commented: “One of our main attractions to PIB is the high calibre of businesses and people that PIB has already brought into the fold, several of whom we are already familiar with in Ireland. Knowing that they operate with the same respect and integrity as we do in business, gave us every confidence in our future and our choice of new home.”
PIB plans for the Irish market
Looking ahead, there is no slowing down for PIB as its growth is set to continue into the Irish market, with seven acquisitions already completed. These include Campion Insurance, Creane & Creane, Oliver Murphy, Alan Tierney & Partners, Fingal Insurance, Sullivan Insurances and most recently Mike Murphy Insurance Brokers.
Together the businesses are becoming well established in leveraging the collective expertise between them, as well as the wider strength and scale of PIB Group for the benefit of their clients.
Brendan McManus, CEO for PIB Group commented: “It’s an absolute delight to welcome another brilliant business to PIB Group. Eamonn and the team at Sheridan-Colohan bring with them a wealth of expertise and are a great fit for our portfolio of businesses in Ireland. We look forward to working with our new colleagues and supporting their future plans.”