Arthur J. Gallagher News

UK Broker Network Compass Completes Management Buyout from Gallagher

UK broker network Compass has completed a management buyout from Arthur J. Gallagher, for an undisclosed sum. The deal sees the Compass business transfer into wholly independent ownership for the first time since its launch as a new network proposition …

Gallagher Appoints 2 Former Willis Aviation Brokers as Divisional Directors

Arthur J. Gallagher has appointed two former Willis aviation brokers, Mark Champion and Paul Rogers, as divisional directors. With combined experience of nearly 70 years, Gallagher said the hiring of these “industry stalwarts [underlines] its commitment to the aviation arena.” …

Gallagher Acquires Canadian Personal & Commericial Lines Broker, B.R. Rhymer

Arthur J. Gallagher has acquired B.R. Rhymer Insurance Agencies Ltd., a Canadian personal and commercial lines broker located in Winnipeg, Manitoba. The agreement will see the business, which has been operating under a franchise agreement since 1995, become wholly owned …

Gallagher Partners with Cardinus to Help UK Clients Cut Risk of Underinsurance

Arthur J. Gallagher* has partnered with independent specialist Cardinus Risk Management to offer its commercial property and property investor clients a cost-effective nationwide service that will help eradicate the risk of underinsurance and its far-reaching consequences. With figures revealing that …

Specialist Broker Capsicum Re Launches in Latin America; Operation Led by Smith

Capsicum Re, the London-based specialist reinsurance broker, announced it has launched Capsicum Re Latin America (CRLA). “This is a major step in Capsicum Re’s strategy to become a full service, international, challenger reinsurance broker,” said the company, adding that the …

Gallagher’s Agnew Named Chair, London & International Insurance Brokers’ Assn.

Arthur J. Gallagher International announced that Andrew Agnew, managing director of specialty and member of its executive committee, has been appointed chairman of the London & International Insurance Brokers’ Association (LIIBA). He succeeds Steve Hearn of CGSC and takes up …

Arthur J. Gallagher & Co. Acquires Australia’s Strathearn Insurance Brokers

Arthur J. Gallagher & Co. has acquired 100 percent of the capital stock of Strathearn Insurance Group Pty Ltd., headquartered in Perth, Australia. Terms of the transaction were not disclosed. Founded in 1993, Strathearn provides commercial insurance and risk management …

Arthur J. Gallagher Buys Canada Broker Christie-Phoenix & Its Affiliate, Discovery

Arthur J. Gallagher, the international broking division of Arthur J. Gallagher & Co. outside of the United States, has extended its investment in Canada with the acquisition of retail insurance broker Christie-Phoenix (Victoria) Ltd. and its affiliate, Discovery Insurance Services …

Arthur J. Gallagher Creates Technical Advisory Board; Appoints Jack as Head

Arthur J. Gallagher — the international division of Arthur J. Gallagher & Co. – has appointed David Jack to lead its newly created Technical Advisory Board. The board will oversee a review of the business’ existing systems to identify ways …

UK’s Towergate Contributes to £20M ($30.9M) Gallagher Lawsuit Settlement

The lawsuit filed by Arthur J. Gallagher against the former CEO of its international brokerage operation, David Ross, who defected to Towergate earlier in the year – has been settled for a payment of £20 million ($30.9 million). Gallagher filed …