Insurance Post

Willis to purchase £33m Irish broker

Broker Willis has reached agreement in principle to acquire a majority shareholding in Coyle Hamilton, rebranding it Coyle Hamilton Willis, and merging Willis' existing Irish operations into the group.

Terms have not been disclosed, but Coyle Hamilton has annualized revenue of approximately €50 million (£33.2m) and Willis said it will acquire the remaining interest over the next several years.

The

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