Aon plc, a leading professional services firm, has announced it has reached a definitive agreement to acquire Griffiths & Armour, a UK-based insurance brokerage. Following the completion of this transaction, Griffiths & Armour will become a wholly-owned subsidiary of Aon UK Ltd., and will be marketed under the brand "Griffiths & Armour, an Aon company." The financial specifics of the agreement remain confidential.
This strategic acquisition is in line with Aon's aim to strengthen its footprint in the UK and Ireland. By combining forces, Aon and Griffiths & Armour aim to offer an expanded range of solutions to their clients, leveraging complementary strengths that will support future growth within the UK, Ireland, and internationally. Griffiths & Armour brings approximately 200 employees to the table and is highly regarded for its expertise in professional indemnity insurance as well as general insurance broking.
Aon has expressed commitment to maintaining Griffiths & Armour’s office at Princes Dock in Liverpool and to sustaining its dynamic teams located in Liverpool, Manchester, Dublin, and London.
The transaction is anticipated to be finalized in the first quarter of 2025, contingent upon customary conditions and required regulatory approvals. Until the deal is fully closed, both Aon and Griffiths & Armour will continue to operate as separate entities.
