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Arthur J. Gallagher to acquire Canadian broker Keyser Benefits

5th April 2019 - Author: Matt Sheehan

Global insurance brokerage Arthur J. Gallagher & Co. has announced the acquisition of Canadian broker Keyser Benefits Corp.

handshakeBased in Calgary, Alberta, Keyser Benefits is a full-service benefits brokerage that has been in operation for more than 45 years.

It offers life, disability, health and dental, critical illness, retirement and other services to small to mid-sized businesses and individuals across Western Canada.

Following the takeover, President Share Keyser and his associates will be relocating to Gallagher’s existing benefits office in Calgary.

Here, they will be under the direction of Melanie Jeannotte, National President of Gallagher’s Canadian employee benefits consulting and brokerage operations.

Gallagher did not disclose the terms of its transactions with Keyser Benefits.

“Like Gallagher, Keyser Benefits is a client-focused, family-oriented business with a strong commitment to ethics,” said J. Patrick Gallagher, Jr., Chairman, President and Chief Executive Officer (CEO) of Arthur J. Gallagher.

“I am excited to welcome Shane and his associates to our growing global team,” he added.

The announcement follows Gallagher’s decision last month to acquire the aerospace operations of JLT following its combination with Marsh and McLennan Companies.

Earlier in 2019, Gallagher has announced the acquisitions of U.S MGA Interstate Insurance Underwriters and specialist UK insurance broker Stackhouse Poland.

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