Global insurance brokerage Arthur J. Gallagher & Co has completed a transaction to acquire Brown & Brown Washington’s pacific northwest marine business team and associated marine book of business.
Led by Graham Gardner, the brokerage team handles all lines of marine insurance for a number of maritime clients globally.
Under the direction of Gallagher’s northwest head of retail property P&C casualty brokerage operations Jim Buckley, the team will will operate from offices in Seattle and Newport, Oregon.
“As one of the largest marine brokerage teams in the Northwest, with a strong presence in the London market, this highly specialized team will complement and enhance our existing marine capabilities in an increasingly challenging market sector,” said J. Patrick Gallagher, Jr., Chairman, President and CEO.
“I am delighted to welcome our new colleagues to our growing global team.”