Galway-based Ask Acorn (formally Acorn Insurance ) predicts its turnover of €2.3 million to increase by 400% over the next 12 months with the appointment of over 100 financial advisors transferring from its sister company, Acorn Life, at the end of last month.
This move means that Ask Acorn will be a one-stop financial services company, with an enhanced offering of savings and investments, financial protection, pensions advice and solutions as well as competitive car and home insurance cover.
The business has seen significant growth in policies over the past couple of years, in 2023 new business sales were up 50% on 2022 and 80% on 2021.
The overall policy count has grown by 20% for the last two years and customer retention is 80%. The employee statistics are impressive too with employee growth of 20% in the past 18 months.
Current personnel numbers of nearly 200 (mixture of employees and financial advisors ) and expected to grow by another 25%. This guaranteed Irish company has a number of awards and accreditations and is in the Top 100 Best Places to Work 2023, shortlisted in the Employee Experience Category at the Financial Services Awards and accredited as a Great Place to Work.
Ask Acorn will continue to have a strong emphasis on corporate social responsibility supporting various community initiatives and promoting financial literacy in Ireland.
Speaking about these exciting developments for the company, Mr Keith Butler, CEO of Ask Acorn said they are very excited about the new brand Ask Acorn.
"We believe we can now offer people all their financial product needs. We have a unique selling differential. We have evolved our brand from two connected brands (Acorn Life and Acorn Insurance ) to a one stop shop which is in tune and relevant to people’s needs.
"So now we offer peace of mind for our clients; car, home, family, future and retirement all in one place. It all starts with A and Ask Acorn," he said.
