DLA Piper advises PIB Group on its acquisition of Oliver Murphy Insurance Brokers

DLA Piper is advising PIB Group (PIB) on its acquisition (pending customary Irish regulatory approvals) of Oliver Murphy Insurance Brokers based in Waterford, Ireland as PIB continues to build its retail insurance broking presence in the country.

It is the second time this year that DLA Piper have advised PIB on their Irish expansion following the acquisition in April 2021 of Creane & Creane, one of the longest established insurance brokers in Ireland.

Founded 25 years ago, Oliver Murphy Insurance Brokers is an established regional personal and commercial lines insurance broker offering customers an extensive range of insurance solutions and services across commercial, personal lines and financial planning advice.

The DLA Piper insurance sector team in Ireland was led by Corporate partner Matthew Cole and associate Blayre McBride.

Matthew Cole said: “We have a dedicated team in Dublin specialising in insurance transactions who combine our local knowledge with the world class industry experience from within our global insurance sector group. The insurance sector is a key focus for DLA Piper around the world and in Ireland. Deals like this showcase the benefits to our clients of our sectoral approach.”