Arthur J. Gallagher & Co. News

Arthur J. Gallagher & Co. Acquires Stonehenge Insurance Solutions of Florida

Arthur J. Gallagher & Co. has acquired Palm Beach Gardens, Fla.-based Stonehenge Insurance Solutions, Inc. Terms of the transaction were not disclosed. Founded in 2007, Stonehenge Insurance Solutions offers commercial insurance products and consulting services to professional employer organizations (PEO’s) …

Arthur J. Gallagher to Acquire Minority Stake in Prague-Based Broker Renomia

Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The deal is subject to regulatory approval and is expected to close in the third quarter of 2019. Financial details of …

As Lloyd’s Jettisons Some Marine Insurance Lines, Opportunities Created for Rivals

Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its oldest line of business last year. Premiums for marine insurance, which until 2018 had fallen …

Arthur J. Gallagher Acquires Abram Interstate Insurance Services in California

Arthur J. Gallagher & Co. has acquired Rocklin, Calif.-based Abram Interstate Insurance Services Inc. Terms of the deal were not disclosed. Ron Abram and his associates will remain in their current location under the direction of Joel Cavaness, president of …

Arthur J. Gallagher Acquires MDV Wealth Planning in Illinois

Global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher & Co., has acquired Fox River Grove, Ill.-based MDV Wealth Planning Inc. Terms of the transaction were not disclosed. Founded in 2014, MDV Wealth Planning sells and places …

Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations

Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations was completed on June 1, 2019. The addition of JLT’s global aerospace retail and wholesale insurance …

Arthur J. Gallagher Acquires The Protectors Insurance Group in Australia

Arthur J. Gallagher & Co. today announced the acquisition of Liverpool, New South Wales-based The Protectors Insurance Brokers Pty Ltd and Regent Insurance Brokers Pty Ltd., collectively referred to as The Protectors Group (TPG). Terms of the transaction were not …

Arthur J. Gallagher Acquires Indiana’s Cairnstone Financial

Arthur J. Gallagher & Co. has acquired Zionsville, Indiana-based Cairnstone Financial LLC. Terms of the transaction were not disclosed. Founded in 2010, Cairnstone Financial is a benefits consultant offering group health, life, wellness, retirement, disability and dental coverages and services …

Arthur J. Gallagher & Co. Acquires RPA, Innovative Coverage Concepts

Arthur J. Gallagher & Co. has acquired Parsippany, N.J.-based RPA Insurance Services LLC and Innovative Coverage Concepts LLC. RPA Insurance Services is a provider of insurance and risk management services to the restaurant and hospitality industries. It operates from offices …

Arthur J. Gallagher Buys Minority Stake in India’s Edelweiss Insurance Brokers

Arthur J. Gallagher & Co. announced it has purchased a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a wholly owned subsidiary of Edelweiss Group, the Indian diversified financial services conglomerate. The deal is subject to approval by the Insurance …