Arthur J. Gallagher & Co. announced the acquisition of UK-based MCMM Services Ltd. (MCMM).
Terms of the transaction were not disclosed.
MCMM provides administrative and claims management services to members of Education Mutual, a mutual insurer that offers staff absence insurance to UK state schools and academies. Based in Mansfield, England, Les Marshall and his team will operate as part of Gallagher’s education practice under the leadership of Tim Devine, regional managing director.
“MCMM is an excellent cultural fit and expands the education specialist capabilities of our UK business,” said J. Patrick Gallagher, Jr., chairman and CEO. “I am very pleased to welcome Les and his team to Gallagher, and we look forward to working with them to continue to grow the business.”
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance brokerage, risk management and consulting services firm, operates in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Hacker Says AT&T Paid About $400,000 to Erase Sensitive Data 
Wall Street Pushes Back After Activists Escalate Protests 
Elon Musk Beats $500 Million Severance Lawsuit by Fired Twitter Workers 
Marsh McLennan Agency to Acquire The Horton Group 
