Reinsurance News
Arthur J. Gallagher & Co
Hayward Aviation rebrands as Gallagher
11th July 2022
Specialist general aviation broker Hayward Aviation is to rebrand as Gallagher this month. The firm had become part of Gallagher when the firm acquired Jardine Lloyd Thompson Group’s global aerospace operations in 2019. Guy Holland-Bosworth, CEO of General Aviation for Gallagher’s Aerospace Practice said: “We are very pleased to reach this ... Read the full article
Gallagher expands dispute resolution team with Blackstone Chambers hire
25th May 2022
Insurance and reinsurance broker, Arthur J. Gallagher & Co., has appointed Lewis Walker as a Director in its specialist dispute resolution team in its major risks practice. Walker joins Gallagher from Blackstone Chambers – a magic circle barristers chambers based in Temple, London, where he served as one of the senior ... Read the full article
Arthur J. Gallagher acquires G.A, Mavon & Co.
21st April 2022
Global insurance broker, Arthur J. Gallagher & Co. has announced the acquisition of G.A, Mavon & Co. and its Mavco Insurance Agency, Inc. subsidiary. Terms of the transaction were not disclosed. Founded in 1916, G.A. Mavon & Co. is a fourth generation, family-run, standard and specialty lines wholesale broker. It’s retail insurance ... Read the full article
AJ Gallagher acquires UK claims administrator
6th April 2022
Global insurance broker, Arthur J. Gallagher & Co., has announced its acquisition of UK third-party claims administrator Claims Settlement Agencies Ltd (CSA). Arthur J. Gallagher’s risk management services subsidiary, Gallagher Bassett International Ltd (GB), carried out the purchase of CSA, which is based in Hadleigh, Essex. Founded in 1990, CSA specializes in ... Read the full article
Arthur J. Gallagher acquires Commercial Insurance Underwriters
25th March 2022
Global insurance broker, Arthur J. Gallagher & Co, has acquired Commercial Insurance Underwriters (CIU), a surplus lines agency offering commercial, personal and professional lines coverages for businesses and individuals with complex, unique or hard-to-place risks, primarily throughout the upper and lower Midwest. Founded in 1984, CIU is a surplus lines agency ... Read the full article
Arthur J. Gallagher buys Hawley & Associates
16th March 2022
Arthur J. Gallagher has bought broker firm Hawley & Associates for an undisclosed amount. A statement from Arthur J. Gallagher said that Hawley & Associates was founded seventeen years ago to provide insurance services for adoption, foster care, and child welfare agencies. The business will continue to be run by Phil ... Read the full article
Gallagher saw renewal premium releases top 8% in Q4 2021
28th January 2022
Illinois-based Arthur J. Gallagher saw renewal premium releases go up 8% in Q4 2021, a result which the firm said was ‘broadly consistent’ with the first three quarters of the year. The firm revealed that retail renewal premiums had gone up between 7% and 9% across North America, Australia, New Zealand, ... Read the full article
Gallagher Re feels like a billion dollar startup with a tremendous opportunity: James Kent & Pat Gallagher
1st December 2021
With Arthur J. Gallagher’s (AJG) acquisition of Willis Re’s treaty reinsurance operations now complete, resulting in a much larger Gallagher Re, senior executives told Reinsurance News that it feels like day one at a billion dollar startup. In the past seven years, Gallagher Re has established itself as the fifth largest ... Read the full article
Arthur J. Gallagher acquires Real Estate Insurance Solutions in Utah
25th November 2021
Global insurance broker, Arthur J. Gallagher & Co. has announced the acquisition of Park City, Utah-based Real Estate Insurance Solutions for an undisclosed sum. Founded in 2004, Real Estate Insurance Solutions offers a range of real estate errors & omissions insurance/cyber liability coverages. Its clients include commercial and residential real estate agents ... Read the full article
UK competition authority clears Gallagher acquisition of Willis Re
22nd November 2021
The UK’s Competition and Markets Authority (CMA) said this morning that it has ended its investigation into and cleared Arthur J. Gallagher & Co's (Gallagher) planned acquisition of the Willis Re treaty reinsurance business. The investigation has been ended as the CMA has decided now further action is required and said ... Read the full article
Arthur J. Gallagher acquires The VanDyke Group
4th November 2021
Global insurance broker, Arthur J. Gallagher & Co. has acquired The VanDyke Group, which offers employee benefits consulting and HR solutions, as well as commercial and personal property/casualty coverages. The VanDyke Group covers clients across Northern Illinois, Northern Indiana and Southern Wisconsin. Matthew VanDyke and his team will remain in their current location ... Read the full article
Arthur J. Gallagher earnings up 22%, Willis Re takeover on track
29th October 2021
Re/insurance broker Arthur J. Gallagher & Co. has reported 22% growth in net earnings across its brokerage and risk management operations during the third quarter of 2021, ending the period at $275.6 million. Revenues similarly increased by 17% over Q3, moving from $1.50 billion last year to $1.75 billion, with 10% ... Read the full article
India’s Edelweiss approved to divest broking arm to Gallagher
20th October 2021
Indian financial services firm Edelweiss Group has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to divest its insurance broking arm to Gallagher. Gallagher revealed its intention to purchase the remaining shares of Edelweiss Insurance Brokers Limited back in July, following a minority investment in 2019, ... Read the full article
AJ Gallagher acquires Arkansas brokerage Alpha Surety
13th October 2021
Arthur J. Gallagher & Co., the global insurance brokerage, risk management and consulting services firm, has announced the acquisition of Alpha Surety & Insurance Brokerage. Alpha Surety is based in Little Rock, Arkansas and was founded in 2002. It focuses primarily on selling direct and wholesale commercial surety bonds in key industry ... Read the full article
Gallagher acquires Floridian SeaCoast Underwriters
13th October 2021
Arthur J. Gallagher & Co. has announced the acquisition of Florida-based SeaCoast Underwriters by its US wholesale brokerage, binding authority and programs division, Risk Placement Services (RPS). Founded in 1996, SeaCoast Underwriters specialises in commercial property & casualty, flood & excess flood, personal lines, and transportation & garage risks, primarily across ... Read the full article
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