Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., dba Encore Group.
Terms of the transaction were not disclosed.
Encore Group is a retail insurance brokerage firm serving commercial clients primarily in Ontario with industry focuses of manufacturing, construction and financial institutions.
Joe Dalton, Scott Heaman and their team will remain in their current location under the direction of Dave Partington, head of Gallagher’s Canadian retail property/casualty brokerage operations.
“Encore Group is a highly regarded firm whose expertise complements our existing retail brokerage capabilities in Canada,” said J. Patrick Gallagher Jr., chairman and CEO. “I am excited to welcome Joe, Scott and their associates to our growing, global team.”
Arthur J. Gallagher & Co. provides insurance brokerage, risk management and consulting 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.
Topics Mergers & Acquisitions Agencies Canada A.J. Gallagher
Was this article valuable?
Here are more articles you may enjoy.
Study: AI May Be Tempering Insurer Hiring 
Miami Developer Indicted in Alleged $85M Fraud Scheme 
Insurify’s Founders Discuss Evolution of Insurance Shopping With AI 
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow 
