Gateway Insurance and Investments is the business name under which Revoclife Limited conducts its day-to-day operations and Aston Lark Ireland has reached an agreement to acquire this company.
The transaction is contingent on receiving clearance from the relevant regulatory bodies.
Gateway Insurance and Investments was founded in Athlone, County Westmeath, more over four decades ago. The company caters to both commercial and individual clients, with a concentration on the small and medium-sized enterprise (SME) market. The broker deals in a variety of financial lines goods in addition to general insurance.
Robert Kennedy, CEO of Aston Lark Ireland, expressed his excitement over the addition of Tom Fitzgerald and the rest of the Gateway team to the company. “It is another wonderful addition to our growing business in the Midlands, further enhancing our expertise in the region,” said the CEO of the company. “It is a fantastic addition.”
In addition, Kennedy stated that the client- and people-first approach that the Gateway team takes would continue to develop and benefit from the fact that they are now a part of Aston Lark and its parent company, Howden. The CEO also dropped hints that Aston Lark was “eager to continue growing and acquiring like-minded brokers in Ireland,” with the intention of establishing themselves as Ireland’s preeminent independent insurance broker.
Tom Fitzgerald, managing director of Gateway Insurance and Investments, remarked that “this is a terrific step for our clients.” “In addition to all of our existing services, which are primarily centered around a highly personable service that is provided through dedicated and knowledgeable account handlers, we now also have access to global markets, a wider product range, and an experienced, similarly focused network of colleagues.”
Fitzgerald reassured both Gateway’s customers and employees that the company “took tremendous care” in selecting its collaboration with Aston Lark, and he said he will continue to do so in the future.
“I would like to commend the Aston Lark team for a smooth and honorable transition of the Gateway business to Aston Lark,” the managing director of Gateway said. “Today is a proud day for us at Gateway,” the managing director stated.
Aston Lark completed the purchase of AJ Insurance Service in Tilbury, Essex, one month ago. AJ Insurance initially concentrated on personal lines of business; however, the company now also provides commercial insurance with specializations in construction, motor fleet and motor trade, property, and other areas.