Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking businesses.
Terms of the transaction were not disclosed.
RMA provides commercial and personal insurance products as well as tailored life and health solutions to clients throughout New Zealand. Josh Adams and his team will operate under the direction of Carl O’Shea, head of Gallagher’s New Zealand retail brokerage operations.
“RMA has a client-focused culture like our own and will expand our brokerage capabilities in New Zealand,” said J. Patrick Gallagher Jr., chairman and CEO. “I am delighted to welcome Josh and his associates to our growing, global team.”
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered insurance brokerage, risk management and consulting services firm, 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.
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
