Arthur J. Gallagher & Co. News

Arthur J. Gallagher & Co. Buys UK MGA Manchester Underwriting Agencies Ltd.

Arthur J. Gallagher & Co. announced that its specialist underwriting subsidiary Pen Underwriting has acquired 100% of UK-based Manchester Underwriting Agencies Ltd. and its wholly owned subsidiary, Manchester Underwriting Management Ltd. (MUM). Terms of the transaction were not disclosed. Founded …

Arthur J. Gallagher Acquires Files Agribusiness in Louisiana

Arthur J. Gallagher & Co. acquired Bastrop, La.-based Files Agribusiness LLC, retail insurance agency specializing in federal crop insurance, agribusiness property/casualty and agricultural aviation coverages. Terms of the transaction were not disclosed. Founded in 2010, Files Agribusiness provides insurance coverages …

Arthur J. Gallagher & Co. Acquires New York’s Lloyd Bedford Cox

Arthur J. Gallagher & Co. acquired Bedford Hills, New York-based Lloyd Bedford Cox. Inc. (LBC). Terms of the transaction were not disclosed. Founded in 1921, LBC is a fourth-generation retail insurance agency providing insurance coverage, services and risk assessment tools …

Arthur J. Gallagher & Co. Acquires Majority Stake in Turkish Specialty Broker

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a majority stake in Turkish specialty broker Brokers’ House (BH Sigorta ve Reasürans Brokerligi A.S.). Terms of the transaction were not disclosed. Based in Istanbul, Brokers’ …

People Moves: Gallagher Names Hughes as Aerospace Consultant; Tokio Marine HCC Hires Faubert for Credit & Political Risk; Enstar’s CFO to Step Down

This edition of International People Moves covers appointments for broker Gallagher in London, for insurer Tokio Marine HCC – Credit Group in Paris, and for Enstar Group in Bermuda. A summary of these new hires follows here. Gallagher Names Hughes …

Arthur J. Gallagher & Co. Acquires R.J. Riordan & Co. in Illinois

Arthur J. Gallagher & Co. acquired Oakbrook, Illinois-based R.J. Riordan & Co. R.J. Riordan & Co. is a retail property/casualty broker offering a full range of insurance products and services to clients across the Chicago region. It specializes in serving …

Arthur J. Gallagher Ends $3.6B Deal to Buy Willis Re, After Aon-Willis Merger Scrapped

Arthur J. Gallagher & Co. announced it has terminated its May 12, 2021 agreement to acquire Willis Re and certain other Willis Towers Watson operations for $3.57 billion. Both Gallagher and Willis Towers Watson filed statements with the Securities and …

Insurance Broker A.J. Gallagher Reports on Investigation Into 2020 Ransomware Attack

An investigation by insurance broker Arthur J. Gallagher & Co. into a ransomware attack on its systems last September has revealed that personal information on individuals was accessed. The broker is in the process of contacting affected individuals. The firm …

Arthur J. Gallagher Acquires Stellar Benefits Group in Ohio

Arthur J. Gallagher & Co. has acquired Solon, Ohio-based Stellar Benefits Group LLC. Terms of the deal were not disclosed. Ronald Rafal, Alan Greenberg and their associates will continue to operate from their current location under the direction of Tom …

A.J. Gallagher Acquires Ontario’s Excess Underwriting Co.

Global insurance broker Arthur J. Gallagher & Co. has acquired Markham, Ontario-based Excess Underwriting Co., a property/casualty managing general agency (MGA) and Lloyd’s broker serving insurance brokers and their clients across Canada. Terms of the transaction were not disclosed. Excess …