Northern Irish broker AbbeyAutoline has acquired Coleraine-based Wallace Insurance Brokers' customer book of business, which was established in 1960 and has a focus on construction and commercial clients. Peter Wallace (pictured right), principal of Wallace Insurance Brokers will join AbbeyAutoline along with the rest of his team.

Julie Gibbons (pictured left), managing director of AbbeyAutoline, said: "We are delighted to welcome Wallace Insurance Brokers to the AbbeyAutoline family. Their outstanding reputation and expertise in the construction and commercial insurance sectors make them a perfect fit for our business as we continue to expand our footprint across Northern Ireland.

“This acquisition, alongside the recent purchases of Down Insurances and Martin Carey Insurance, reinforces our position as Northern Ireland’s largest insurance broker.”