Tag: Arthur J. Gallagher

AJG Completes Acquisition of Willis Towers Watson Reinsurance Brokerage Operations

Former AIG execs form Dellwood Insurance Group

Arthur J. Gallagher & Co. on Wednesday announced that it has completed the acquisition of substantially all of the treaty reinsurance brokerage operations from Willis Towers Watson plc. Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher Re from more than 70 offices across 31 countries and incorporate c2400 colleagues. This… Continue reading AJG Completes Acquisition of Willis Towers Watson Reinsurance Brokerage Operations

Willis Towers Watson to Sell Willis Re to Gallagher for Initial $3.25B Consideration

Cropped shot of businessman greeting a young professional around the table in office. Close up of business people shaking hands in office.

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced an agreement with Arthur J. Gallagher & Co (Gallagher) to purchase Willis Re. Completion of the deal is subject to the receipt of required regulatory approvals and clearances, as well as other customary closing conditions and consultation where required. The business will… Continue reading Willis Towers Watson to Sell Willis Re to Gallagher for Initial $3.25B Consideration

Arthur J. Gallagher & Co. Invests in Specialist Insurance Broker ACE

Gallagher profits

Arthur J. Gallagher & Co. today 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 (MENA) specialist insurance broker ACE. Subject to the necessary regulatory approvals, Gallagher will take a 30% minority interest in… Continue reading Arthur J. Gallagher & Co. Invests in Specialist Insurance Broker ACE

Arthur J. Gallagher & Co. Acquires Parisco AS

Arthur J. Gallagher & Co. today announced the acquisition of Norway-based Parisco AS (“Parisco”). 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 and renewable energy clients. Dag Magne Torjussen and his team will join forces… Continue reading Arthur J. Gallagher & Co. Acquires Parisco AS

Arthur J. Gallagher & Co. Acquires AWIS Group

insurance acquisition

Arthur J. Gallagher & Co. today announced the acquisition of San Diego-based AWIS Group. Terms of the transaction were not disclosed. Founded in 2005, AWIS is a wholesale insurance broker offering a broad range of commercial coverages as well as high-net-worth personal lines, primarily through California-based insurance agencies. The AWIS team will continue to operate… Continue reading Arthur J. Gallagher & Co. Acquires AWIS Group