Vyvienne Wade News

Gallagher Rebrands India Business After Edelweiss Acquisition

Gallagher, the international insurance broker, announced the rebranding of its India business to Gallagher Insurance Brokers Private Ltd. Gallagher Insurance Brokers Private Ltd. is one of the leading providers of risk management services, general insurance broking and risk solutions in …

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 …

Gallagher Releases Pandemic Group Insurance Product for India’s Front-Line Workforce

International insurance broker Gallagher announced the release of a Pandemic Group Insurance product, providing a comprehensive COVID-19 indemnity cover solution to the India market. For essential workers and front-line services including hospital and healthcare providers, food distribution, and pharmaceutical manufacturers, …

Arthur J. Gallagher & Co. Buys Swedish Broker Proinova

Arthur J. Gallagher & Co. announced the acquisition of Helsingborg, Sweden-based insurance broker Proinova. The terms of the transaction were not disclosed. Founded in 1989 by CEO Sten Eriksson, Proinova specializes in delivering group solutions for the real estate sector, …

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 Acquires 65% Stake in Specialist Swiss Broker Hesse & Partner

Gallagher, the insurance broker, risk management services and consulting firm, broadened its footprint in continental Europe by acquiring a 65 percent stake in specialist Swiss broker Hesse & Partner AG and Hesse Consulting GmbH. Terms of the transaction were not …

Arthur J. Gallagher Buys Brim, Expanding Scandinavia Specialty Footprint

Arthur J. Gallagher has extended its investment in Scandinavia by acquiring an 85 percent stake in Swedish specialist insurance and reinsurance broker Brim AB. With revenues of US$11.4 million and employing 29 people, Brim is a specialty broker with approximately …

Gallagher Plans to Buy Controlling Stake in Colombian Broker Guianza

Arthur J. Gallagher — the international division of Arthur J. Gallagher & Co. – has signed an agreement to acquire a controlling stake in Colombian retail insurance broker Guianza S.A. Corredores de Seguros, subject to regulatory approval. The remaining shares …

Gallagher Buys 65% of ARM Re, Colombian Energy & Construction Specialist

Arthur J. Gallagher – the international division of Arthur J. Gallagher & Co. – has extended its investment in Latin America with a 65 percent shareholding in independent Colombian energy and construction specialist ARM Re Ltda (ARM). Other terms of …

A.J. Gallagher Builds Retail Presence in Chile With Majority Stake in QRM

Arthur J. Gallagher, the international broking division of Arthur J. Gallagher & Co. outside of the United States, has expanded its retail presence in Chile by purchasing a majority shareholding in independent broker Quality Risk Management Corredores de Seguros S.A. …