Arachas Insurance completed the acquisition of McDonald Dwyer Reddy & Byrne Insurances.

Arachas Insurance, an Irish insurance broker, completed the acquisition of McDonald Dwyer Reddy & Byrne Insurances, an operator of an insurance brokerage firm. Financial terms were not disclosed. “I am delighted to welcome MDRB, its staff, and customers to the Arachas family. As one of Waterford’s most successful brokerages, this acquisition represents another milestone for the South East. This will bring new skills and expertise on board, which will complement how our 150+ workforce in the region can provide the best product and services to our growing customer base in Waterford and beyond, " Joey Wynne, Arachas Insurance CEO.