Arthur J. Gallagher & Co. announced the acquisition of Perth, Western Australia-based Mavco Insurance Group.
Terms of the transaction were not disclosed.
Mavco is a general insurance broker and risk management firm serving corporate clients throughout Australia and internationally. Mavco’s areas of expertise include construction, health, engineering, mining and financial services. Jonathan Winter, Daniel Waters, Stephen Hughes, Rodney Aylmore and their team will relocate to Gallagher’s Perth and Adelaide offices under the direction of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia.
“Mavco has an excellent record of growth and client-focused service, and their market expertise will expand our capabilities in the region,” said J. Patrick Gallagher Jr., chairman, president and CEO. “I am very pleased to welcome Jonathan, Daniel, Stephen, Rodney and their associates to our growing, global team.”
A global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Ill. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
