Connect with us

News

Insurance firm to expand workforce after €100m sale

Published

on

By Sean Moriarty

A Killarney insurance company recently bought out for €100m, plans to expand its workforce from 85 to 250 following the sale.

EXPANSION: Denis Murphy of Gallivan Murphy Insurance Brokers says he hopes to expand the workforce following the company's sale to a US insurance firm last week.

Gallivan Murphy Insurance Brokers Limited (GMIB) has been acquired by a US headquartered underwriting firm – for a reported €100 million – will continue to trade from its Rock Road premises.

Founded in 1989, GMIB operates nationally, under the leadership of joint Managing Directors, Simon Gallivan and Denis Murphy.

Both Gallivan and Murphy and Director Tadgh Gallivan will continue in the business.

AssuredPartners, founded in 2011, has acquired in excess of 400 agencies, and has offices in five countries, 35 States in the US and has circa 8,500 employees making it one of the largest independently owned brokers in the world.

“We are truly proud and excited to be teaming up with a Global Insurance Broker with over 8,500 employees, AssuredPartners. This is a watershed moment in the insurance industry in Ireland as a global insurance giant like AssuredPartners has chosen Killarney as their location to enter the Irish insurance market and be a hub for future growth in Ireland,” Denis Murphy, Joint Managing Director, said.

“It is testament and a reflection of our tremendous talented team and an exciting time for the continued growth in staff numbers from 85 to in excess of 250 in the next three to five years. This is a very positive development, with the scale of AssuredPartners, for all our existing and new clients of GMIB who will continue to receive excellent customer service and competitive insurance premiums."

Continue Reading
Advertisement

News

Bean in Killarney to cease trading due to rising costs

By Sean Moriarty A Plunkett St coffee shop has been forced to shut its doors due to the soaring costs of doing business. Bean in Killarney opened in late January […]

Published

on

0249346_0222508Unknown-11.jpeg

By Sean Moriarty

A Plunkett St coffee shop has been forced to shut its doors due to the soaring costs of doing business.

Bean in Killarney opened in late January 2021.

Last March it was named as one of the ‘Financial Times’ list of ‘Best Independent Coffee Shops in the World’.

It was just one of 30 coffee shops worldwide – and one of only two in Ireland – to make the list, which includes entries from world cities like Paris, London and Sydney.

Bean in Killarney is a sister café to Bean in Dingle which was set up by brothers Justin and Luke Burgess.

The local branch was managed by brothers Joey and Euan Boland, who are also from Dingle.

It was a popular coffee stop for locals and visitors alike but despite its popularity and accolades, the business could not survive the current economic climate.

“After two great years we have made the really tough decision to close Bean in Killarney,” said a company statement.

“We opened during the height of the lockdown with the hope that when all restrictions came to an end, the shop would kick off like the Dingle one did.

“However, 2022 brought about new challenges and unfortunately ended up being harder rather than easier. We are a family-run business and rapidly rising costs meant we traded less than we did during 2021’s numerous restrictions. We had hoped to ride out the storm, but it’s not possible to continue operating at a loss.”

Attachments

Continue Reading

News

No stopping Joe as he reaches third in the world

By Sean Moriarty A Killarney man who finished third in one of the world’s most-difficult adventure races has not ruled out another attempt in an effort to win it. The […]

Published

on

0249293_Unknown-3.jpeg

By Sean Moriarty

A Killarney man who finished third in one of the world’s most-difficult adventure races has not ruled out another attempt in an effort to win it.

The Spine Race is a non-stop 431km course over mountains and moors in the North of England.

Lissivigeen man Joe O’Leary was given one week to complete the gruelling course but managed to complete it in half that time in 96 hours and 50 minutes to finish third overall – or four days and 50 minutes!

He ran almost non-stop through ice, knee-deep snow and a wind-chill factor of -15.

He survived on a total of 90 minutes sleep taken at short intervals at various way-points along the route.

Joe is no stranger to adventure racing.

In September 2019 he ran for 28-hours straight to finish the Ultra-Trail du Mont-Blanc, a 160km race in the French Alps.

This time last year he finished third in the shorter Montane Spine Challenger Race.

On that occasion he completed the 173kms course in 30 hours but this year he returned to compete in the harder 431km event where his competition included professional athletes.

CHALLENGE

Joe and his fellow competitors set off from the start in Edale in the heart of England’s Peak District at 8am on Sunday, January 14.

Nearly one hundred hours later, just before 9am on Thursday morning (January 15), he crossed the finish line in Kirk Yetholm, a small village just over the Scottish border.

Along the way he was obliged to visit certain way-points or time controls and here he was able to change into fresh clothes, eat a dinner (or two) and grab a few minutes sleep before re-joining the course.

Outside assistance is strictly forbidden, and apart from the official checkpoints there are a few ‘approved’ private houses along the way that offer hot drinks and small meals.

Even bringing supporters is frowned upon – if a fan cheers for one racer they must cheer for all the racers – otherwise it is seen as unfair.

“This was my first time doing the long race,” he told the Killarney Advertiser.

“It was fantastic but totally unexpected to be on the podium. It was a strong field and first and second were pros…this is their job.”

Starting out in pouring rain the conditions soon turned to ice, snow and eventually waist-deep snow.

Volunteers fed competitors in scout halls or similar along the route and it was places like this Joe grabbed some shut eye – but not much.

“They really look after you. If you wanted two or three dinners to keep you going you could have them,” he said. “The problem is the clock does not stop. And the more time you spend at way points the more it will effect your results.”

Joe has no immediate plans but intends to visit Australia in May for a well earned holiday.

“I have entered a race in Sydney!” he added.

Attachments

Continue Reading

Trending