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Arthur J. Gallagher & Co

AJG agrees terms to take 100% ownership of Capsicum Re

27th November 2019

Arthur J. Gallagher & Co. (AJG) has announced that it has agreed heads of terms to pursue the necessary transaction to take 100% ownership of reinsurance specialist brokerage Capsicum Re. The transaction has been in the offing, as time was running out on an option that AJG had to expand its ... Read the full article

Arthur J. Gallagher’s Artex to acquire EWI Re

21st November 2019

Artex Risk Solutions, the Arthur J. Gallagher & Co-owned provider of re/insurance and alternative risk management solutions, has acquired Dallas-based EWI Re for an undisclosed fee. EWI was founded in 1959 and offers reinsurance program design and placement services for captives and mutual insurance companies. Its specialty risk management practice is built ... Read the full article

Arthur J. Gallagher’s Artex completes Horseshoe acquisition

18th November 2019

Arthur J. Gallagher & Co. has announced that its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions, has completed its acquisition of Horseshoe Insurance Services Holdings Ltd. Horseshoe is a Bermuda-headquartered provider of insurance management fund administration, advisory and corporate services to the insurance-linked securities (ILS) market. The firm, which ... Read the full article

Arthur J. Gallagher takes minority stake in Indian broker Edelweiss

28th October 2019

Global insurance brokerage Arthur J. Gallagher & Co. has completed its purchase of a minority stake in Edelweiss Insurance Brokers Limited (EIBL), the broking unit of Indian financial services conglomerate Edelweiss Group. EIBL provides a range of both insurance and reinsurance solutions, and benefits from the distribution network of its parent ... Read the full article

A J Gallagher earnings stable in Q3, organic growth up 5.8%

25th October 2019

Global insurance brokerage Arthur J. Gallagher & Co. has released its financial results for the third quarter of 2019, reporting stable earnings when compared with the previous year, as well as organic revenue growth of 5.8%. Net earnings came to $137.1 million in Q3 2019, showing a minor decline from the ... Read the full article

Arthur J. Gallagher & Co. acquires Swedish broker Proinova

14th October 2019

Global insurance brokerage Arthur J. Gallagher & Co. has announced the acquisition of Proinova, an insurance broker based in Helsingborg, Sweden. Founded in 1989, Proinova specialises in group solutions for the real estate sector, offering insurance, loss prevention training and claims advocacy services for trade association members. It also serves clients in ... Read the full article

Gallagher acquires Kentucky-based insurer Garrett-Stotz

11th October 2019

US global insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has announced the purchase of Garrett-Stotz Company, a Kentucky-based insurance agency. Garrett-Stotz was founded in 1931 and is a full-service commercial and personal lines property/casualty and benefits agency. The firm's areas of specialisation include construction/surety, real estate and ... Read the full article

A J Gallagher acquires broker Gillis, Ellis & Baker

30th July 2019

Commercial retail property/casualty broker, Gillis, Ellis & Baker, Inc. has been acquired by global insurance brokerage, Arthur J. Gallagher & Co (A J Gallagher). The New Orleans-based Gillis, Ellis & Baker also offers personal lines and employee benefit services across the Southeastern U.S. Following the acquisition, R. Parke Ellis, W. Anderson Baker ... Read the full article

A J Gallagher reports solid revenue growth in 2019

26th July 2019

Arthur J. Gallagher & Co. has reported its results for the second-quarter of 2019, posting solid revenue growth and improved net earnings in its brokerage segment. Revenues increased from $1 billion in Q2 2018 to $1.13 billion in Q2 2019, while organic revenues also increased year-on-year, to $1.01 billion. The firm's ... Read the full article

Arthur J. Gallagher appoints CEO of Employee Benefits Consulting Division in UK

16th July 2019

Global insurance brokerage Arthur J. Gallagher & Co. has announced the appointment of Nick Burns as Chief Executive Officer (CEO) of its Employee Benefits Consulting Division in the UK. Prior to joining Gallagher, Burns was the CEO of PIFC Group, Bluefin Corporate Consulting and Capita Employee Solutions. More recently he has operated ... Read the full article

Arthur J. Gallagher acquires Stonehenge Insurance

11th July 2019

Global insurance brokerage Arthur J. Gallagher & Co. has acquired Florida-based Stonehenge Insurance Solutions, terms of the transaction were not disclosed. Stonehenge offers commercial insurance products and consulting services to Professional Employer Organizations (PEOs) and staffing clients throughout the US. The company’s leadership team, Jeff Rendel, Troy Reynolds, Chris O'Connor and their ... Read the full article

Arthur J. Gallagher to acquire minority stake in Renomia

26th June 2019

Global insurance brokerage Arthur J. Gallagher & Co. is to acquire a minority stake in Prague-based Renomia, the largest independent broker based in the Central and Eastern European (CEE) region. Primarily serving commercial clients, Renomia has grown rapidly and now has full-scale broking operations in Czech Republic, Slovakia, Romania, Hungary, Serbia, ... Read the full article

Gallagher acquires Australian consulting firm P2 Group

18th June 2019

Global insurance brokerage Arthur J. Gallagher & Co. has announced the acquisition of specialist consulting firm, P2 Group. The Hawthorn, Victoria-based P2 Group assists employers proactively manage occupational health, while at the same time lowering the risk of worker injuries and WorkCover claims. According to an announcement on the deal, P2 Group ... Read the full article

Arthur J. Gallagher acquires Australian broker The Protectors Insurance Group

4th June 2019

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, ... Read the full article

Gallagher completes takeover of JLT’s aerospace business

3rd June 2019

Global insurance brokerage Arthur J. Gallagher & Co. has announced the completion of its acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations. The transaction, which was first announced in March 2019, is expected to significantly expand Gallagher’s existing aerospace team. The broker’s global aerospace operations now includes offices ... Read the full article

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