Arthur J. Gallagher & Co. announced it has completed its acquisition of UK specialist insurance broker Stackhouse Poland Group Ltd., which was first announced in January 2019.
Financial details of the deal were not released.
Guildford, England-based Stackhouse Poland was founded in 1974 as a local community broker. Via organic growth and acquisitions, Stackhouse Poland has become a large-scale specialist UK insurance broker generating over £55 million ($70 million) in annualized revenues, said Gallagher in a statement issued in January when the deal was first announced.
Stackhouse Poland operates from 23 UK offices and specializes in high-net-worth private clients, real estate, commercial, healthcare and a wide range of specialist insurance sectors, said Rolling Meadows, Ill.-based Gallagher.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies 
AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir 
Federal Judge Cautions State Farm Against Gambling With Courts 
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies 
