Arthur J. Gallagher & Co. News

Gallagher Buys IBS Re Singapore, 40% Stake in Indonesia’s IBS Insurance Broking

Arthur J. Gallagher & Co. announced it has acquired a 40 percent equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100 percent of reinsurance broker, IBS Re Singapore. Other …

Arthur J. Gallagher Acquires Chicago Captive Insurance Consultant

Arthur J. Gallagher & Co. has acquired Chicago-based Captive Insurance Company Design and Operations. Terms of the transaction were not disclosed. Formed in 2002 by Clarity Group Inc., Captive Insurance Company Design and Operations is a captive consultant focused exclusively …

Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom, which are …

Arthur J. Gallagher Acquires Buckman-Mitchell in California

Arthur J. Gallagher & Co. has acquired Buckman-Mitchell Inc., with offices in Visalia and Fresno, Calif. Terms of the deal were not disclosed. Clifford Dunbar, Judy Fussel, Brent Swanson, Todd Williams, Stephan Chrisman, Linda Loflin and their associates will continue …

Gallagher Buys Majority Stake in UK Property-Owners’ Broker Vasek Insurance

Rolling Meadows, Ill.-based broker Gallagher announced it has acquired a controlling interest in Purple Bridge Group Ltd., the holding company of UK specialist property insurance provider Vasek Insurance Services Ltd. The deal includes Vasek’s appointed representative Insure My Villa, and …

Arthur J. Gallagher Acquires Richter International Consulting in Washington

Arthur J. Gallagher & Co. has acquired Issaquah, Wash.-based Richter International Consulting LLC. Terms of the deal were not disclosed. Founder Dave Richter and his associates will continue to operate from their current location under the direction of Leslie Lemenager, …

Gallagher Acquires UK Commercial Broker Portmore

Global insurance broker, risk management services and consulting firm Gallagher announces the acquisition of Portmore Insurance Brokers Ltd. and Portmore Insurance Brokers (Wiltshire) Ltd. in the UK. Terms of the transaction were not disclosed. Based in Southampton, England, Portmore was …

Arthur J. Gallagher & Co. Acquires New York’s United Dealer Services

Arthur J. Gallagher & Co. has acquired United Dealer Services LLC. Terms of the transaction were not disclosed. Based in Highland Mills, N.Y., United Dealer Services LLC is a retail insurance broker and program administrator. It provides a range of …

Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher

While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire sector. Chilton, who will be stepping …

Arthur J. Gallagher Acquires The Jack Nebel Companies in Illinois

Arthur J. Gallagher & Co. has acquired North Barrington, Ill.-based The Jack Nebel Companies Inc. Terms of the deal were not disclosed. Jack Nebel, Brian Nebel and their associates will continue to operate from their current location under the direction …