O’Connor to succeed long time boss Donal Clancy
Incoming Managing Director for laya healthcare D.O. O’Connor with Marguerite Brosnan CEO of AXA Ireland. AXA Ireland completed the €650m acquisition of laya in 2023 and will begin to underwrite Laya policies from 1st January next.
Dermot Oliver O’Connor - known as DO - has been with the health insurer since 1996, when the business was set up by the UK’s Bupa to end the VHI’s monopoly of health coverage in the Irish market. Mr Clancy has led the company since 2012.ESRI disagrees with peers over Budget 2025“When AXA Ireland acquired Laya last year, I knew it was a momentous turning point for the team and business,” said Mr Clancy.
Laya was the subject of a management buyout in December 2011 with the support of an underwriter owned by Swiss Re, before AIG acquired the business in 2015 in a deal worth about €80 million.
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