Wrightway is an MGA offering car and liability coverages for the haulage and fleet sector across Ireland through its independent broker clients alongside other commercial and personal insurance products. Wright will become part of Pen Underwriting. David Crean, existing CEO, will continue to lead the team from their current location in Wexford, Ireland. He will be supported by Linda Roberts, Head of Underwriting and Mary Lyons, Head of Finance and Operations.

The acquisition fits in with Pen Underwriting’s strategic aim to become a £1 billion business by the end of 2025 through organic growth and acquisitions. In April last year, Pen purchased Tay River Holdings followed by Norwegian MGA Fender Marine in June.

J. Patrick Gallagher, Chairman and CEO commented: “Wrightway brings a reputation for client excellence, complements Pen’s existing specialist capabilities and provides further growth opportunities for our Ireland operations, I am delighted to welcome David, Linda, Mary and their colleagues to our growing, global team.”