The UK’s Competition and Markets Authority (CMA) said today that it is investigating the anticipated acquisition of the treaty reinsurance business of Willis Towers Watson by Arthur J. Gallagher & Co. In a brief statement, which says the probe was …
Arthur J. Gallagher& Co. has acquired Little Rock, Ark.-based Alpha Surety & Insurance Brokerage LLC. Terms of the transaction were not disclosed. Founded in 2002, Alpha Surety focuses primarily on selling direct and wholesale commercial surety bonds in key industry …
Interesting. Fluctuating. Moderating. Fun. Those are the words that Patrick M. Gallagher, chief executive officer of Gallagher Global Brokerage for the Americas, used to respond to a question about the state of the insurance marketplace during a virtual conference hosted …
Global reinsurance broker Gallagher Re has unveiled an automated analytics platform it says benefits reinsurance clients and markets by bringing together all analytics capabilities into one platform and providing a multi-model view of risk. The new platform, Gallagher Automated Insurance …
Global insurance broker Arthur J. Gallagher & Co. has agreed to acquire the treaty reinsurance brokerage operations of Willis Towers Watson, just weeks after a previous Gallagher deal to buy Willis Re fell through when brokers Aon and Willis terminated …
Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack it suffered in 2020. The plaintiffs allege that Gallagher failed to follow federal and state government and industry standards to …
LONDON — Insurers are facing a $2-3 billion loss if the Tokyo Olympics are canceled this year, amounting to the largest ever claim in the global event cancellation market, brokers say. With less than six months until the Games are …
Insurance broker Arthur J. Gallagher & Co. and its claims unit, Gallagher Bassett, reported that a ransomware incident that happened on Saturday, Sept. 26 limited some of its internal systems. In a filing with the Securities and Exchange Commission (SEC), …
California-based insurance broker Alliant is again being sued over an alleged poaching scam, this time by rival Arthur J. Gallagher & Co. Gallagher claims Alliant, with assistance and capital from its private equity partner Stone Point Capital, has engaged in …
Simon Matson, CEO of Arthur J. Gallagher’s UK broking and underwriting business, has apologized for “insensitive comments” made when former employees left Gallagher-owned Alesco to join Ardonagh Group. Comments made by Matson and other Alesco executives came to light when …
