The combination of Aon’s insurance broking business with the MAC Group will result in a market leading local broker of a scale that will be of long-term benefit to all clients.
The sale of the business to MAC Group was completed on 31 January 2023. All former staff working for Aon have moved to the MAC Group, which will ensure that the existing levels and continuity of service will be maintained.
Commenting on the sale Aon said:
“The transaction will give the combined businesses a scale and opportunity for synergy that will enable it to better advocate on behalf of clients and ultimately provide incremental customer value. We are confident that the combination of the two businesses will provide the Isle of Man market with an unrivalled commercial insurance broker.”
The MAC Group was established in 2004 by Jon McGowan as a management buy-out from Aon and, with Jon having originally worked for Aon since 1991, the connection between the two businesses stretches back over 30 years.
MAC has recently employed Phil Tompsett, former Head of Broking at Aon as MAC’s Head of Broking providing additional expertise and continuity for clients and staff.
MAC’s success is based on a clear focus on client outcomes supported by outstanding long-term professional service. Through this ethos, MAC has built a reputation for delivering a trusted, reliable and creative service founded on the highest level of integrity and knowledge.
MAC are based in the heart of the island’s financial sector at 65 Athol Street in Douglas and with the planned addition of the Aon team, employ over 40 people across the Group.
Commenting on the acquisition, Jon McGowan, MAC Group CEO, said:
“At MAC, we are constantly assessing strategic opportunities to grow our successful insurance and financial services businesses.
“The acquisition of Aon’s business in the Isle of Man is a significant development both for MAC and our clients. I am delighted to welcome the former Aon clients and staff into the MAC Family.”
MAC Golf Day 2025
MAC Group is proud to announce that an incredible £14,500 was raised for Forget Me Not at this year’s MAC Golf Day.
Quilter Cheviot | Investment review of Q2 and H1 2025
Olly Smith, Investment Manager summarises what has happened in the second quarter of 2025, and the impact of Trump’s tariffs.
Procrastinating may cost you dearly
Why procrastinating may cost you dearly By Natalie Bush, Senior Independent Financial Adviser (IFA)We all lead busy lives, and it’s easy for long-term planning to be pushed aside by day-to-day priorities. But when it comes to your financial future,...
MAC Group Sponsors IOM Swim Team
MAC Group is proud to have supported the Isle of Man Swim Team as Silver Sponsor for the 2025 Island Games in Orkney.
Insurance market update Summer 2025
Ann Zachorecki highlights rising costs, regulation, and talent gaps shaping the UK and Isle of Man insurance landscape.
Saving for university?
Senior IFA, John Condon explores the help available for Manx students going to university and the financial impact on families.
Colin Moore Joins MAC Financial
MAC Financial is pleased to announce the appointment of Colin Moore PhD, Chartered FCSI, as a Senior Independent Financial Adviser.
Ed Walter appointed MD of MAC Financial Limited
MAC Group is delighted to announce the promotion of Ed Walter to Managing Director of MAC Financial.
Preparing for your GPP meeting with your IFA
If your employer offers a pension, there are many compelling reasons to consider saving into your Group Personal Pension (GPP).