Insurance brokers to unite under new name
Two established Northern Ireland insurance brokers are set to unite under a new name.
Abbey Insurance and Autoline Insurance are set to be combined under the new name AbbeyAutoline.
Prestige Insurance Holdings, the parent company of Abbey Insurance, acquired Newry-based Autoline Insurance at the end of 2018. Since then, the two businesses have been aligning their operations.
The new brand, which goes live on 1 September 2020, marks the two companies uniting as a single legal entity.
Julie Gibbons, managing director of the newly combined business, said: "This is one of the most significant developments in the insurance industry here for decades.
Both of these home-grown broking businesses have developed side by side for over almost 50 years. To see them coming together heralds the start of not only a bigger and stronger insurance broking business, but greater choice for all our customers, with an expanded panel of insurers.
"As AbbeyAutoline, while we will be bigger, we will remain firmly focused on delivering the same trusted, expert, personal customer care that has successfully grown our two businesses for almost five decades."