Arthur J. Gallagher & Co. News

Gallagher Buys Majority Stake in UK Property-Owners’ Broker Vasek Insurance

Rolling Meadows, Ill.-based broker Gallagher announced it has acquired a controlling interest in Purple Bridge Group Ltd., the holding company of UK specialist property insurance provider Vasek Insurance Services Ltd. The deal includes Vasek’s appointed representative Insure My Villa, and …

Arthur J. Gallagher Acquires Richter International Consulting in Washington

Arthur J. Gallagher & Co. has acquired Issaquah, Wash.-based Richter International Consulting LLC. Terms of the deal were not disclosed. Founder Dave Richter and his associates will continue to operate from their current location under the direction of Leslie Lemenager, …

Gallagher Acquires UK Commercial Broker Portmore

Global insurance broker, risk management services and consulting firm Gallagher announces the acquisition of Portmore Insurance Brokers Ltd. and Portmore Insurance Brokers (Wiltshire) Ltd. in the UK. Terms of the transaction were not disclosed. Based in Southampton, England, Portmore was …

Arthur J. Gallagher & Co. Acquires New York’s United Dealer Services

Arthur J. Gallagher & Co. has acquired United Dealer Services LLC. Terms of the transaction were not disclosed. Based in Highland Mills, N.Y., United Dealer Services LLC is a retail insurance broker and program administrator. It provides a range of …

Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher

While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire sector. Chilton, who will be stepping …

Arthur J. Gallagher Acquires The Jack Nebel Companies in Illinois

Arthur J. Gallagher & Co. has acquired North Barrington, Ill.-based The Jack Nebel Companies Inc. Terms of the deal were not disclosed. Jack Nebel, Brian Nebel and their associates will continue to operate from their current location under the direction …

U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance

New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European insurers, reinsurers, brokers and shipping firms have been …

Gallagher Bassett Services Acquires New Jersey’s WCD Group

Arthur J. Gallagher & Co.’s subsidiary, Gallagher Bassett Services Inc., has acquired Pennington, N.J.-based WCD Group LLC. Terms of the transaction were not disclosed. Founded in 2002, WCD manages and mitigates risk in the environmental, construction and real estate marketplace. …

Arthur J. Gallagher & Co. Acquires Australia Broker Milne Alexander

Arthur J. Gallagher & Co. announced the acquisition of Milne Alexander, with offices in Sydney, New South Wales and Port Lincoln, South Australia. Terms of the transaction were not disclosed. Founded in 1973, Milne Alexander is a retail property/casualty broker …

Arthur J. Gallagher Buys Marchetti, Robertson & Brickell Insurance and Bonding Agency

Illinois-based Arthur J. Gallagher & Co. has acquired Marchetti, Robertson & Brickell Insurance and Bonding Agency Inc., with offices in Ridgeland, Mississippi, and Kansas City, Missouri. Terms of the transaction were not disclosed. Founded in 1953, Marchetti, Robertson & Brickell …