Latest A.J. Gallagher Headlines
All the headlines from our A.J. Gallagher Topic Page, ordered by recency.
20 Noteworthy Agency Merger Stories of 2019
Feb 10 2020 // 1. January Nationwide Acquires Liability Insurance Program Manager E-Risk Services: Nationwide acquired a New Jersey privately held program manager specializing in management liability lines. Nationwide said E-Risk will...
Private Equity Still Driving Agency M&As
Feb 10 2020 // Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on Digital The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory...
Judge Finds Ransomware Damage to Computer a ‘Direct Physical Loss’
Jan 30 2020 // State Auto Property and Casualty Insurance Co. is liable for the cost of replacing a computer server that was damaged and perhaps permanently compromised by a ransomware attack despite the carrier’s argument that the...
Arthur J. Gallagher & Co. Acquires Hanover Excess & Surplus of North Carolina
Jan 29 2020 // Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing...
Arthur J. Gallagher & Co. Takes 100% Stake in Capsicum Reinsurance Brokers
Jan 13 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it increased its stake in Capsicum Reinsurance Brokers from 33% to 100%, effective Jan. 1, 2020. Financial details of the transaction were...
Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd.
Jan 13 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance broker Risk Management Services Ltd. (RMS). Terms of the transaction were not...
Arthur J. Gallagher & Co. Acquires Minority Stake in Malaysia’s SP&G Insurance Brokers
Jan 6 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a minority stake in Malaysian broker SP&G Insurance Brokers Sdn Bhd. Terms of the transaction were not...
Arthur J. Gallagher & Co. Acquires New York’s Walsdorf Agency
Jan 3 2020 // Arthur J. Gallagher & Co. has acquired Huntington, N.Y.-based Walsdorf Agency Inc. Terms of the transaction were not disclosed. Founded in 1926, Walsdorf Agency is a third generation, family owned commercial and...
Arthur J. Gallagher & Co. Acquires Canada’s SBW Employee Benefits
Dec 18 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Halifax, Nova Scotia-based Sinclair Billard and Weld Ltd., and CJM Solutions + Inc., which do business under the name of...
Business Moves
Dec 16 2019 // National MetLife, PetFirst MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that distributes its products through animal welfare agencies, direct-to-consumer channels and...
Gallagher Names Partington CEO of Canadian Brokerage Operations
Dec 6 2019 // Gallagher, the Rolling Meadows, Ill.-based insurance broker, has named Dave Partington as CEO of its Canadian retail property/casualty brokerage operations, where he will lead the strategy and culture for continued growth...
Arthur J. Gallagher & Co. Acquires Australia’s Blueleaf Consulting
Dec 5 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of North Sydney, New South Wales, Australia-based Blueleaf Consulting Pty Ltd. Terms of the transaction were not...
A.J. Gallagher Acquires Pacific Northwest Marine Business of Brown & Brown
Dec 3 2019 // Arthur J. Gallagher & Co. has completed a transaction for the Pacific Northwest marine business team of Brown & Brown of Washington Inc. and to assume the associated marine book of business. Terms of the deal were...
Arthur J. Gallagher Subsidiary, Artex Risk, Acquires Texas’ EWI Re
Nov 21 2019 // Artex Risk Solutions Inc., a captive and alternative risk transfer specialist subsidiary of Rolling Meadows, Illinois-based global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher...
Gallagher’s Artex Risk Completes Purchase of ILS Specialist Horseshoe Insurance
Nov 18 2019 // Arthur J. Gallagher & Co. announced its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions Inc., has completed its purchase of Bermuda-based Horseshoe Insurance Services Holdings...
Business Moves
Nov 18 2019 // East Brown & Brown of Massachusetts, Yozell Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Yozell. Founded in 1960 by Peter Yozell, Yozell Associates strives to provide its...
CEO of Gallagher’s UK Broker/Underwriting Unit Apologizes for ‘Insensitive Comments’
Nov 14 2019 // Simon Matson, CEO of Arthur J. Gallagher’s UK broking and underwriting business, has apologized for “insensitive comments” made when former employees left Gallagher-owned Alesco to join Ardonagh...
BonusDrive Acquired by Arthur J. Gallagher & Co.
Nov 6 2019 // Arthur J. Gallagher & Co. has acquired The EHE Group LLC, dba BonusDrive, which has offices in Austin, Texas, and Auburn Hills, Michigan. Terms of the transaction were not disclosed. BonusDrive offers a national...
Broker Gallagher Loses $12.8M Poaching Lawsuit in London Against Ardonagh
Oct 25 2019 // Insurance broker Arthur J. Gallagher Group lost a 10 million-pound ($12.8 million) lawsuit against rival Ardonagh Group Ltd. in a case highlighted by racially charged comments that put a spotlight on the cutthroat world of...
Arthur J. Gallagher Finalizes Purchase of Stake in India Broker Edelweiss
Oct 25 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed the purchase of a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a subsidiary of India’s leading...
