Industry News

Livingbridge invests in Chill Insurance

June 17th, 2020

Livingbridge invests in Chill Insurance

Livingbridge has invested in Chill Insurance, an insurance and financial services group, headquartered in Dublin, Ireland.

Chill Insurance was founded in 2006, and now has 250 staff and over 200,000 policyholders, representing a 6% market share.The company has multi-channel distribution capabilities, and offers a panel of 14 major insurance carriers at competitive prices direct to its customers.

Xavier Woodward, Partner at Livingbridge, said: “Chill represents a fantastic opportunity to back a multi-product insurance provider which is uniquely positioned to grow in a large and attractive market.  Michael and the management team have all the ingredients we look for in an investee company and we look forward to working with them on accelerating the growth of the business through the M&A strategy over the coming years.”

Michael McLaughlin, CEO at Chill, added: “We are excited by the prospect of partnering with Livingbridge on the next stage in our growth journey.  We have been impressed by their successful track record in scaling insurance businesses and their expertise will be invaluable as we continue to widen our reach in the personal lines sector, expand our portfolio of complementary financial services products and build our M&A capability.”

Share this article
© Copyright 2023