Insurance giant Ardonagh Group is to establish its Global Data and Risk Management Centre in Mullingar.
Sixty new highly-skilled data science and analytics roles are being created in Mullingar by Ardonagh Group, a top 20 global insurance broker and the UK’s largest independent insurance broker.
The company is establishing a Data and Risk Management Centre that deliver data-driven insights to Ardonagh’s clients worldwide, helping its 7,000+ colleagues offer tailored solutions from over 100 offices globally by providing a highly diversified range of financial services-related products and services across the full value chain.
“Having grown up in this area I am deeply aware of the quality of the talent pool in the Midlands and I believe this initiative will make it one of the key areas globally for research into risk”
The project is supported by the Irish Government through IDA Ireland.
Key region for risk R&D
“I am particularly pleased to see a focus on retaining talent in the region, and by working with the Athlone Institute of Technology, graduates will have greater options to live and work in the Midlands,” said Minister of State at the Department of Trade, Enterprise & Employment Robert Troy, TD.
“While we have had a difficult 18 months, today’s significant announcement is a testament to the quality of talent and opportunities for companies investing in the Midlands. It is a positive endorsement for Mullingar and a real sign that brighter days are ahead. The Midlands is not only a great place to live, but also an excellent location for businesses to establish and thrive.
Ardonagh considered many locations worldwide but was impressed with the exceptional calibre and quality of Ardonagh’s existing teams in the region. The Westmeath area also stood out for the quality of life the Midlands area offers and the talent of potential employees locally. Ardonagh intends to work closely with the Athlone Institute of Technology to offer its graduates world-class career opportunities on their doorstep. The Centre will be led by Shane Keating, recently appointed as its chief data officer.
“Having grown up in this area I am deeply aware of the quality of the talent pool in the Midlands and I believe this initiative will make it one of the key areas globally for research into risk,” said David Ross, CEO of the Ardonagh Group.
“The Group’s broad understanding of our clients and their businesses is our key differentiator, and this Data and Risk Management Centre will help us design bespoke solutions that really answer their needs.”
Ardonagh’s Global Data and Risk Management Centre will drive innovation in the global financial services market and make the Westmeath area one of the key risk R&D regions in Europe.
Conor Brennan, CEO of Ardonagh owned Arachas, created the initial concept and was the key driver behind the initiative. Conor, together with Ardonagh Group CEO, David Ross, and IDA Ireland, brought the concept of the Centre to life.
“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,” said IDA Ireland CEO Martin Shanahan.
“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.”
By John Kennedy (firstname.lastname@example.org)
Published: 12 July 2021