Arthur J. Gallagher & Co. News

Arthur J. Gallagher Acquires Richied & Associates in Nevada

Arthur J. Gallagher & Co. acquired Reno, Nevada-based Richied & Associates Inc. in Nevada. Paul Richied, Tera Hodges, Cindy Fleischer and their associates will remain in their current locations under the direction of Scott Firestone, head of Gallagher’s Southwest region …

Arthur J. Gallagher to Pay $40K to Settle Colorado Religious Discrimination Suit

Arthur J. Gallagher & Co. will pay $40,000 to settle an employment discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission. The EEOC charged that Arthur J. Gallagher violated federal anti-discrimination laws when it fired a client underwriting associate …

Arthur J. Gallagher Completes Minority Investment in MENA Specialist Broker ACE

Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA) specialist insurance broker ACE. Financial details of the deal, which was first announced in April, were not disclosed. Under the …

Arthur J. Gallagher & Co. Buys Australia’s Sound Insurance Services

Arthur J. Gallagher & Co. announced the acquisition of Caulfield, Victoria-based Sound Insurance Services in Australia. Terms of the transaction were not disclosed. Founded in 2011 by Simon Feldman and Morris Alessi, Sound Insurance is a retail property/casualty broker serving …

Gallagher Completes $3.25B Purchase of Willis’ Treaty Reinsurance Brokerage Business

Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance brokerage operations of Willis Towers Watson plc. Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher …

Arthur J. Gallagher Acquires Real Estate Insurance Solutions in Utah

Arthur J. Gallagher & Co. acquired Park City, Utah-based Real Estate Insurance Solutions. Terms of the deal were not disclosed. Chris Nangle and his associates will remain in their current location under the direction of Kevin Garvin, head of Gallagher …

Arthur J. Gallagher & Co. Buys New Zealand’s Matt Jensen Insurance Brokers

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Taupo, New Zealand-based Matt Jensen Insurance Brokers Ltd. Terms of the transaction were not disclosed. Founded in 2005, Matt Jensen Insurance Brokers provides a comprehensive range …

Gallagher Completes Acquisition of India’s Edelweiss Gallagher Insurance Brokers

Arthur J. Gallagher & Co., the Rolling Meadow, Ill.-based broker, announced it has completed its acquisition of Mumbai, India-based Edelweiss Gallagher Insurance Brokers Ltd. Financial details of the transaction, which was first announced in July, will not be disclosed. Gallagher …

Arthur J. Gallagher Acquires Iowa’s River Valley Capital Insurance

Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois, acquired Dubuque, Iowa-based River Valley Capital Insurance Inc. (RVCI). Terms of the transaction were not disclosed. Founded in 2007, RVCI …

Gallagher Acquires Grand Cayman’s Briat, UK’s Manchester Underwriting

Global insurance broker Arthur J. Gallagher & Co. announced it has acquired two agencies: Grand Cayman-based Briat Insurance Ltd. and UK-based Manchester Underwriting Agencies Limited. Terms of the transactions were not disclosed. Established in 2012, Briat Insurance Ltd. is a …