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Arthur J. Gallagher & Co

Arthur J. Gallagher acquires Parisco in Norway

7th April 2021

International insurance brokerage firm Arthur J. Gallagher & Co. has announced the acquisition of Parisco, a marine and energy broker based in Norway. Founded in 2001, Parisco serves contractors, offshore service vessels, exploration and production, shipping, passenger vessels and renewable energy clients. Following the acquisition, Parisco head Dag Magne Torjussen and his ... Read the full article

Reinsurance to play “a larger role” in 2021 rate movements: RPS

29th January 2021

Analysts at Risk Placement Services (RPS), an MGA subsidiary of brokerage Arthur J. Gallagher, believe that reinsurance will “play a larger role in rates, capacity and terms” this year. While the impacts of the 2020 election and COVID-19 on the US economy remain uncertain, RPS is confident that the cost of ... Read the full article

Gallagher to acquire specialist UK broker Bollington

13th January 2021

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

AJG a good fit for Willis Re if regulators force sale: KBW

4th January 2021

Analysts at KBW have pointed to Arthur J Gallagher as a likely buyer of Willis Re, if the investigation currently being carried out by EU regulators forces Aon and Willis Towers Watson (WTW) to make divestitures ahead of their planned merger. The European Commission (EC) confirmed last month that it ... Read the full article

AJ Gallagher acquires Harden & Associates in Florida

30th December 2020

International insurance brokerage firm Arthur J. Gallagher & Co. has announced the acquisition of Harden & Associates, Inc., a full-service insurance broker headquartered in Jacksonville, Florida. With additional offices in Amelia Island and Tampa, Harden offers retail property/casualty, employee benefits and related services to businesses and individuals primarily in Florida, In particular, ... Read the full article

AJ Gallagher acquires marine broker North Star

4th December 2020

International insurance brokerage firm Arthur J. Gallagher has acquired Seattle-based North Star Insurance Services and Fairhaven, Mass.-based North Star Marine Insurance Services. North Star Insurance Services was first founded in 2001 and is a full-service marine insurance broker serving clients throughout the US. Its portfolio covers the majority of the marine industry, ... Read the full article

AJ Gallagher acquires AWIS Group

16th November 2020

International insurance brokerage firm, Arthur J. Gallagher, has announced the acquisition of San Diego-based AWIS Group. Founded in 2005, AWIS is a wholesale insurance broker offering a broad range of commercial coverages as well as high-net-worth personal lines, primarily through California-based insurance agencies. The AWIS team will continue to operate from their ... Read the full article

Arthur J. Gallagher targeted in ransomware attack

29th September 2020

International insurance brokerage firm Arthur J. Gallagher & Co has confirmed that it was the target of a ransomware attack on September 26th. The firm said the incident impacted a “limited portion” of its internal systems, and does not expect it to have a material impact on its operations or financial ... Read the full article

Capsicum Re to rebrand as Gallagher Re from October

1st September 2020

Reinsurance brokerage Capsicum Re is set to rebrand itself, to reflect its parent company, as Gallagher Re from October 1st, aligning its reinsurance business with the broader Gallagher retail and wholesale insurance broking arm. Arthur J. Gallagher & Co. increased its interest in Capsicum Reinsurance Brokers LLP to 100%, from ... Read the full article

Gallagher announces new senior energy hire from THB Group

5th August 2020

International re/insurance broker, Gallagher, has announced the new appointment of Gavin Tidman to its global energy practice. Tidman will be based in London in Gallagher’s Speciality division where he will join the senior management team as Executive partner. His main focus will be on the business development within the global energy ... Read the full article

Gallagher Q2 earnings up 40%, helped by expense measures

31st July 2020

International insurance brokerage firm, Arthur J. Gallagher & Co. has reported a 40% increase in net earnings for the second quarter of 2020, helped by stringent expense control measures. Gallagher posted adjusted net earnings of $229.0 million for its Brokerage & Risk Management segments, compared with $164.1 million for the same ... Read the full article

MMC pulls ahead in broker rankings but Aon + WTW could take top spot

3rd July 2020

Marsh & McLennan Companies (MMC) has extended its lead in the rankings of The Top 20 Global Insurance and Reinsurance Broking Groups, although a combined Aon and Willis Towers Watson (WTW) could claim the number one spot. As shown by our directory of the Top 20 Global Insurance & ... Read the full article

Arthur J. Gallagher acquires CRES Insurance Services in Nevada

9th June 2020

International insurance brokerage firm, Arthur J. Gallagher & Co., has announced the acquisition of Las Vegas, Nevada-based CRES Insurance Services, LLC. Founded in 1996, CRES designs, markets and services comprehensive errors & omissions insurance and risk management services to real estate firms and professionals across the US, particularly in the Southwest. Following ... Read the full article

Gallagher acquires P&C broker McConnell, Manit & Trout

17th March 2020

International insurance brokerage firm, Arthur J. Gallagher & Co has acquired full-service property and casualty broker McConnell, Manit & Trout. MMT focuses on servicing building materials, energy, waste, construction and transportation industries and has clients across the US. Rick McConnell, Mike Manit, Doug Trout and their associates are expected to continue operating ... Read the full article

Arthur J. Gallagher adds Christopher Miskel to Board

16th March 2020

International insurance brokerage firm, Arthur J. Gallagher & Co. has announced the appointment of Christopher Miskel to its Board of Directors. Miskel currently serves as President and Chief Executive Officer of Versiti, Inc., a nonprofit holding company for affiliated blood centers across the upper Midwest of the US. Previously, he served in ... Read the full article

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