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Dubliner who never imagined working in insurance is now heading up Arachas – and he’s on an acquisition hunt
Sovereign Capital
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Purchase of Orange Bear part of plan to target the online consumer market
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MCM Insurance Brokers, which focuses on construction, hospitality and professional indemnity sectors, bought for undisclosed sum
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Dublin-based insurance broker to be rolled into UK brokerage group Ardonagh
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State’s largest independent general insurance broking group has over 250 employees
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Dublin site is rented by Arachas Corporate Brokers for €165,289-a-year
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Sovereign Capital backs buyout, which is subject to approval from the Central Bank
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