Global insurance brokerage Arthur J. Gallagher & Co. has announced the acquisition of The Protectors Insurance Brokers and Regent Insurance Brokers, collectively known as The Protectors Group.
Founded in 1982, The Protectors Group is a retail broker specialising in construction, hospitality and transport coverage.
It is based in Liverpool, New South Wales, and provides coverage for commercial and corporate clients in Greater Western Sydney.
Following the acquisition, The Protectors Group will continue to operate from its current location, led by David Michell, Vince Gioiello, but under the direction of Sean Gallagher, Head of Branches for Gallagher Australia.
The parties did not disclose any further details of the transaction.
“TPG is a second-generation family business that represents a very good cultural fit for Gallagher and expands our geographical presence in the key growth area of Western Sydney,” said J. Patrick Gallagher, Jr., Chairman, President and CEO.
“We are very pleased to welcome David, Vince and their team to Gallagher,” he added.
Arthur J. Gallagher curently has operations in 35 countries and offers client service capabilities in more than 150 countries through its network of correspondent brokers and consultants.