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About LHK Group
As one of the few remaining independently owned insurance and financial planning brokers in Ireland, LHK Group is proud of its heritage as a third generation, family-owned business, originating in County Louth. Kelleher Insurance was established in 1938 by the grandfather of Colm Kelleher, the current Managing Director of LHK Group, with the Trinity Street Drogheda branch established in 1970. Following a number of acquisitions over the past decade, the business rebranded from MJ Kelleher and Sons to LHK Group in 2020 to better reflect the legacy of some of the acquired businesses, whilst retaining the connection to the local economy and business community in Drogheda.
As proud winners of the Professional and Business Services category at the 2023 Family Business Awards, LHK Group is an insurance and financial planning advisory business led by an honest, ambitious, hardworking local team who combine their international expertise and local knowledge to provide trusted insurance and financial planning solutions for businesses and individuals across Ireland. Strong client relationships and best in class, impartial advice are the hallmarks of our business.
Our General Insurance Team
- Work on your behalf, across multiple products and industry sectors.
- Provide wide market access to insurers in the local and UK market which offers our clients choice of cost-effective insurance solutions.
- Manage the claims process on your behalf with in-house claims expertise and our very own Group Claims Executive.
Our Financial Planning Team
- Provide a bespoke financial advisory service based on your unique personal and corporate financial goals. We provide a range of corporate services to advise Directors, Partners and Trustees.
- Devise a financial planning strategy which is in line with your risk tolerance.
- Help make sense of charges associated with investment and pensions policies.
Contact Details
If you would like to discuss your businesses unique insurance or financial planning requirements further, please
contact us at the LHK Group offices at 12 Trinity Street, Drogheda.Tel:041 983 7660
www.lhkgroup.ie | info@lhkgroup.ieLHK Group Acquires Finance One
Local business and Drogheda Chamber member, LHK Group, better known locally perhaps as “Kelleher Insurance”, LHK Group, has acquired a majority shareholding in leading Dublin-based Financial Planning and Wealth advisory firm ‘Finance One’, subject to regulatory approval.
LHK Group is a third-generation, Irish owned, practitioner-led general insurance and financial planning broker. Established in 1938, they are one of the oldest brokers on the island of Ireland, and act as the insurance and financial planning partner of choice for owner-managers, entrepreneurs, sole traders, partnerships, and family businesses across multiple industry sectors.
Colm Kelleher, a Chartered Insurance Broker, is the owner and Managing Director of LHK Group. He began his insurance career with Aon in London and returned to Ireland in 2007 to run the family brokerage in Drogheda which was then known as MJ Kelleher and Sons. In 2013, MJ Kelleher and Sons acquired Dublin-based LHW General Insurance Brokers which led to the rebranding of the combined business to form LHK Group.
Significant Acquisition
Colm Kelleher is delighted to welcome the Finance One team and their clients to LHK Group. Commenting on the acquisition; “We are delighted to partner with current Directors Conor Sheeran, Heber O’Farrell and the wider Finance One team. This is our fourth acquisition in recent years as we set out to strengthen our position in a market increasingly dominated by global firms. Finance One has built up a very strong market presence in the areas of wealth management, pensions, investments, employee benefits and mortgage advisory services to private individuals and commercial clients in Ireland. The expertise of the Finance One team will build upon LHK’s existing financial planning capabilities and enable the Group to deliver a broad range of services to our clients, delivering value-based solutions and build trusted partnerships for many years to come. We will now have a team in excess of 80 professionals in our combined Group advising over 20,000 clients nationally, and plan to create additional employment opportunities in the sector over the coming years.”
Against the backdrop of increased consolidation in the industry by international publicly listed and private equity groups, LHK Group remains one of the few remaining independently owned brokers in the Irish market. The continued expansion of international firms in Ireland has led many independently owned brokers to exit, selling to larger rivals, who have entered the Irish market following consolidation in the USA and UK.
Closely Aligned Values
Finance One was established eighteen years ago in 2006 by Conor Sheeran and Harry Slowey. Conor is a former Director of Aon Consulting and previously worked for PTSB. Conor Sheeran commented “I have known Colm Kelleher and LHK Group for more than 25 years. We both worked in Aon and we have collaborated to provide solutions for our valued clients. We believe LHK is a very good fit for our business. Together with both our teams, we can grow the business substantially by offering a more comprehensive range of services to our clients. The values and ethos of LHK Group are closely aligned with Finance One and we look forward to being part of an enlarged Irish owned and managed financial services firm. Our clients will benefit from an enhanced service offering and our steadfast commitment to client service will remain”.
www.lhkgroup.ie
www.financeone.ie
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