Insurance broker Ardonagh to create 60 new jobs with global data center launch

UK insurance intermediary  The Ardonagh Group is set to launch a global data and risk management center in Ireland — a move that will result in the creation of 60 new highly-skilled, data science and analysis jobs.

The project is backed by the Irish Government through IDA Ireland.

The new centre in Mullingar, County Westmeath will deliver data-driven insights to Ardonagh’s clients across the globe and help offer tailored solutions across a diverse range of insurance products and related services.

“Our Global Data and Risk Management Centre will focus entirely on improved outcomes for every participant in the value chain; forensically investigating our pool of data to build an improved understanding of risk, examining possible future outcomes and working with clients and insurer partners in preparation for the unknown," said David Ross, CEO of The Ardonagh Group.

“This skilled understanding and interpretation of our data will enable improved products with bespoke terms which accurately answer the needs of customers across the Group, from our bike and car owners in Carole Nash and Swinton, right through to our newly created reinsurance unit, Inver Re. This investment with the Irish Government into an absolute focus on being one step ahead will be at the heart of every risk we manage,” he added.

Arachas chief executive Conor Brennan, who created the concept, led an approach to IDA Ireland, securing the support of the Irish Government through meaningful investment into the initiative. Ardonagh intends to work closely with the Athlone Institute of Technology to offer its graduates local and world-class career opportunities.

Brennan said: “ Ardonagh considered many locations worldwide as a home for this centre, but ultimately, the Westmeath area stood out as a home for local talent and a high quality of life. At Arachas, we are delighted to be extending the presence of Ardonagh in Ireland, a further nod to the celtic roots of the Ardonagh brand.”

IDA Ireland CEO Martin Shanahan said: “The Ardonagh Group’s decision to establish its Global Data and Risk Management Centre in Mullingar demonstrates the company’s confidence in the highly skilled and talented workforce available in the Midlands. Winning jobs and investment in regional locations is a key pillar of IDA Ireland’s strategy Driving Recovery and Sustainable Growth 2021 - 2024 and today’s announcement by The Ardonagh Group demonstrates the agency’s continued commitment to that pillar. I wish the team at Ardonagh every success with this expansion.”

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