Gallagher News

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 …

People Moves: JLT Re’s González to Oneglobal LatAm; Aon’s Cousar to McGill and Partners in APAC; CFC’s Alsegard Leads Gallagher’s IP Practice

This edition of International People Moves covers appointments at three London-based brokers: Oneglobal, McGill and Partners, and Gallagher A summary of these new hires follows here. Oneglobal Broking, the London-based broker, announced the appointment of José Miguel González as chief …

Gallagher Acquires 100% Stake in India’s Edelweiss Gallagher Insurance Brokers

Gallagher announced the acquisition of Edelweiss Gallagher Insurance Brokers Ltd. (EGIBL) from Edelweiss Group, one of India’s leading diversified financial services firms. Gallagher previously held 30% in the business and is now acquiring all the remaining shares. Details of the …

Arthur J. Gallagher Invests in Broker ACE via Partnership with Dubai’s MIG Group

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has agreed to a strategic partnership with MIG Holding Ltd. (MIG Group), which will see the company take a minority interest in Middle East & North Africa …

Arthur J. Gallagher & Co. Acquires Norway-Based Parisco AS

Arthur J. Gallagher & Co. announced the acquisition of Norway-based Parisco AS. Terms of the transaction were not disclosed. Founded in 2001, Parisco is a marine and energy broker, serving contractors, offshore service vessels, exploration and production, shipping, passenger vessels …

IICF Midwest Celebrates Tenth Anniversary with Blazing the Trail Benefit

CEO panel headlines virtual benefit to support regional nonprofits and communities in need CHICAGO, IL (Feb. 16, 2021) – The Midwest Division of the Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, …

Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships

LONDON – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. The possibility of more attacks …

Arthur J. Gallagher & Co. Acquires Canada’s Cain Insurance Services Ltd.

Arthur J. Gallagher & Co. announced the acquisition of Cain Insurance Services Ltd., based in Fredericton, New Brunswick in Canada. Terms of the transaction were not disclosed. Founded in 1986, Cain Insurance Services is a retail property/casualty broker, offering commercial …

Arthur J. Gallagher & Co. Buys Australia’s Effectus Consulting Pty Ltd.

Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were not disclosed. Effectus Consulting is a data-driven employee and leadership development firm offering HR and talent development strategies, talent diagnostics, …

Lack of Clarity on Liability Could Cause Delay with WHO Coronavirus Vaccine Drive

BRUSSELS – Who foots the bill if people in poor countries fall sick with unexpected side-effects from coronavirus vaccines? It’s not clear and that’s a big problem in the battle to beat COVID-19. The World Health Organization (WHO) has so …