Reinsurance News

Gallagher to acquire specialist UK broker Bollington

13th January 2021 - Author: Charlie Wood

Global insurance broker Arthur J. Gallagher & Co. has signed an agreement to acquire 100% of The Bollington Wilson Group, a specialist UK broker.

GallagherBollington was founded in 1973 and has divisions in SME, micro-SME and personal lines.

The business will become part of Gallagher’s UK Retail Division and its CEO will remain with Gallagher as Chairman of Bollington.

“Bollington will be a fantastic addition to Gallagher,” said J. Patrick Gallagher, Jr., Chairman, President and CEO.

“Its entrepreneurial spirit and exceptional track record of growth, both organic and through acquisitions, demonstrates a strategy and culture similar to our own, something that is highly important to us when making acquisitions. We look forward to welcoming the team to our growing, global company.”

Michael Rea, CEO of Gallagher’s UK Retail Division, added, “Bollington is hugely respected. This thriving business has strong capability and an impressive portfolio of specialisms that are complementary to our existing business lines, and will provide us with additional scale in the regional commercial broking sector.”

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
AXA XL names Brett Musser as US Marine Product Leader

The US marine team at AXA XL, the property & casualty and specialty risk division of AXA, has added Brett...