Arthur J. Gallagher & Co. News

Arthur J. Gallagher & Co. Acquires UK-Based MCMM Services Ltd.

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 …

Gallagher Acquires German Specialty Broker Köberich Financial Lines

Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed. Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties & indemnities, professional indemnity and crime insurance. Köberich has a team of …

Gallagher Acquires New York’s Hughes Insurance Agency

Arthur J. Gallagher & Co. announced the acquisition of Queensbury, New York-based independent insurance agency, Hughes Insurance Agency, Inc. From it headquarters in Queensbury and an office in Albany, Hughes serves the Glens Falls, Lake George Saratoga Springs corridor, as …

Arthur J. Gallagher & Co. Acquires Australia’s Edgar Insurance Brokers

Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not disclosed. Edgar Insurance Brokers provides commercial insurance products and services in Australia with a client focus of rural and farm, …

Arthur J. Gallagher & Co. Acquires Ireland’s Keaney Insurance Brokers

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd. Terms of the transaction were not disclosed. Keaney is a commercial insurance broker that supports businesses across Ireland with insurance …

5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues

Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,” and “strong” to describe their companies’ financial performances. In a wrap-up of the brokers’ results, listed in descending order by …

Arthur J. Gallagher Acquires The Coverage Pro in Arizona

Arthur J. Gallagher & Co. acquired Scottsdale, Arizona-based The Coverage Pro. As part of the transaction Gallagher will also acquire The Coverage Pro’s affiliated company General Southwest Insurance Agency, based in Phoenix. Jeff LaScala, Caily LaScala and their team will …

Arthur J. Gallagher Acquires Hartley Cylke Pacific Insurance Services in California

Arthur J. Gallagher & Co. acquired Hartley Cylke Pacific Insurance Services Inc. in San Diego, California. Michael Hartley, John Cylke, James Hawes and their team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s …

Arthur J. Gallagher Acquires Ace Commercial in California

Arthur J. Gallagher & Co. acquired Corona, California-based Ace Commercial Insurance Center. Jackie Hoang, Anhdy Nguyen and their team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations. …

Arthur J. Gallagher & Co. Buys Bermuda-Based Frontier Financial Services Ltd.

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based brokerage, risk management and consulting services firm, announced that its captive and alternative risk transfer solutions subsidiary, Artex, has acquired Bermuda-based Frontier Financial Services Ltd. Terms of the transaction were not …