Gallagher News

Arthur J. Gallagher to Acquire Minority Stake in Prague-Based Broker Renomia

Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The deal is subject to regulatory approval and is expected to close in the third quarter of 2019. Financial details of …

As Lloyd’s Jettisons Some Marine Insurance Lines, Opportunities Created for Rivals

Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its oldest line of business last year. Premiums for marine insurance, which until 2018 had fallen …

Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations

Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations was completed on June 1, 2019. The addition of JLT’s global aerospace retail and wholesale insurance …

Brinkerhoff to Lead Healthcare Industry Practice in Gallagher’s Benefits, HR Unit

Rolling Meadows, Illinois-based global insurance broker and risk management consultant, Gallagher, has appointed Rob Brinkerhoff managing director of the Healthcare Industry practice within the company’s Benefits and Human Resources division. Brinkerhoff joins Gallagher with nearly two decades of healthcare industry …

Arthur J. Gallagher Completes Acquisition of UK Specialist Broker Stackhouse Poland

Arthur J. Gallagher & Co. announced it has completed its acquisition of UK specialist insurance broker Stackhouse Poland Group Ltd., which was first announced in January 2019. Financial details of the deal were not released. Guildford, England-based Stackhouse Poland was …

Arthur J. Gallagher & Co. Acquires Canadian Broker Jones Brown

Arthur J. Gallagher & Co. announced the acquisition of Canadian insurance broker Jones Brown Inc. and its subsidiaries. Terms of the transaction were not disclosed. Founded in 1997 and headquartered in Toronto, Jones Brown is a retail property/casualty insurance broker …

Gallagher Signs Agreement to Buy UK Specialist Broker Stackhouse Poland

Arthur J. Gallagher & Co. announced it has signed a definitive agreement to acquire 100 percent of specialist UK insurance broker Stackhouse Poland Group Ltd. The transaction is subject to regulatory approval and is expected to close in the first …

Gallagher Buys IBS Re Singapore, 40% Stake in Indonesia’s IBS Insurance Broking

Arthur J. Gallagher & Co. announced it has acquired a 40 percent equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100 percent of reinsurance broker, IBS Re Singapore. Other …

Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom, which are …

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 …