Arthur J. Gallagher News

‘Affinity Schemes’ Achieving Growth in UK Commercial Lines: Finaccord Report

A new report from UK-based financial marketing and consulting firm Finaccord concludes that “affinity schemes for commercial lines insurance in the UK are on the rise as brokers and underwriters strive to grow market share and profitability in a tough …

Gallagher Plans to Buy Controlling Stake in Colombian Broker Guianza

Arthur J. Gallagher — the international division of Arthur J. Gallagher & Co. – has signed an agreement to acquire a controlling stake in Colombian retail insurance broker Guianza S.A. Corredores de Seguros, subject to regulatory approval. The remaining shares …

UK Broker Market ‘Stagnant;’ M&A, but No Real Growth: Finaccord Study

Two new research studies issued by market research firm Finaccord put a value of £4.64 billion [$7.234 billion] on the size of the total non-life insurance broking market in the UK in 2014, up marginally from £4.55 billion [$7.09 billion] …

Gallagher Buys 65% of ARM Re, Colombian Energy & Construction Specialist

Arthur J. Gallagher – the international division of Arthur J. Gallagher & Co. – has extended its investment in Latin America with a 65 percent shareholding in independent Colombian energy and construction specialist ARM Re Ltda (ARM). Other terms of …

Arthur J. Gallagher Completes Leadership Team with 4 Executive Appointments

Arthur J. Gallagher – the international division of Arthur J. Gallagher & Co. – has appointed Michael Rea as chief operating officer and Carol Richmond as chief risk officer, subject to regulatory approvals. Both recruits will join the organization’s international …

Arthur J. Gallagher Realigns UK Broking, Underwriting Operations

Arthur J. Gallagher, the international division of Arthur J. Gallagher & Co., has unveiled a simplified operating structure to better serve customers and maximize growth opportunities. Gallagher Insurance Solutions – the personal lines, private clients and small commercial distribution arm …

A.J. Gallagher Builds Retail Presence in Chile With Majority Stake in QRM

Arthur J. Gallagher, the international broking division of Arthur J. Gallagher & Co. outside of the United States, has expanded its retail presence in Chile by purchasing a majority shareholding in independent broker Quality Risk Management Corredores de Seguros S.A. …

A.J. Gallagher Acquires Majority Stake in Chilean Marine Specialist Bareyre

Arthur J. Gallagher – the international broking division of Arthur J. Gallagher & Co. outside of the United States – announced that it has “deepened its investment in Latin America by purchasing a majority shareholding in independent Chilean retail broker …

Reid to Become CEO of UK Retail at Arthur J. Gallagher

Arthur J. Gallagher announced that Stuart Reid will join Arthur J. Gallagher’s international brokerage operation as CEO for UK Retail. Reid will take up the position at Arthur J. Gallagher later this year, subject to regulatory approval, and will use …

Arthur J. Gallagher Names Chilton as CEO of UK-Based Brokerage

Arthur J. Gallagher & Co. announced that Grahame “Chily” Chilton has been named CEO of the company’s UK-based international brokerage division, subject to regulatory approval. Chilton will be responsible for leading Gallagher’s international brokerage operations and will also become a …