Arthur J. Gallagher & Co. announced the acquisition of Norway-based Parisco AS.
Terms of the transaction were not disclosed.
Founded in 2001, Parisco is a marine and energy broker, serving contractors, offshore service vessels, exploration and production, shipping, passenger vessels and renewable energy clients.
Dag Magne Torjussen and his team will join forces with Oslo-based Bergvall Marine, Gallagher’s existing specialist marine broker in Norway, under the direction of Anders Mjaaland, managing director.
“Parisco is a high-quality marine insurance specialist known and respected by our Bergvall colleagues in Norway for 20 years. Their union will deliver outstanding capabilities to our customers across the marine, energy and renewables sectors in Norway,” said J. Patrick Gallagher Jr., chairman, president and CEO, of Rolling Hills, Ill.-based Arthur J. Gallagher.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants 
Construction Firm Owner Charged With Workers’ Compensation Fraud 
NAIC Says Data Taken in Hack Has Been Published Online 
Why Are Property & Casualty Carriers So Profitable? 
