Arthur J. Gallagher & Co. today announced that its reinsurance division Gallagher Re has acquired the business and assets of UK-based Bay Risk Services Limited.
Tag: insurance acquistion
Arthur J. Gallagher & Co. Acquires Remco Insurance Agencies, Inc.
Arthur J. Gallagher & Co. today announced that its subsidiary, Risk Placement Services, Inc. (RPS), has acquired Austin, Texas-based Remco Insurance Agencies, Inc.
Marsh McLennan Agency Acquires Pelnik Insurance
Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Pelnik Insurance, a leading independent agency in North Carolina. Terms of the acquisition were not disclosed. Founded in 1994, Pelnik Insurance, led by CEO Chris Pelnik, offers business insurance, employee health and benefits, and private client services to midsize businesses and individuals… Continue reading Marsh McLennan Agency Acquires Pelnik Insurance
NFP Acquires Colburn Risk Holdings LLC, Expanding P&C Presence in Detroit Area
NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement and individual solutions, today announced the acquisition of Colburn Risk Holdings LLC (ColburnColburn). The transaction closed on December 31, 2020. ColburnColburn, a P&C broker with offices in Bloomfield Hills, Michigan, and Detroit, Michigan, provides commercial insurance, risk management, personal… Continue reading NFP Acquires Colburn Risk Holdings LLC, Expanding P&C Presence in Detroit Area
Arthur J. Gallagher & Co. Acquires AWIS Group
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
Arthur J. Gallagher & Co. Acquires Swiss Broker Verbag
Arthur J. Gallagher & Co. announced on Monday the acquisition of Swiss insurance broker Verbag Versicherungsberatungs AG (“Verbag”). Terms of the transaction were not disclosed. Based in Zug, Switzerland, Verbag offers commercial lines, employee benefits, accident & health and high-net-worth personal lines brokerage and consulting services, with revenues of approximately $2 million. Thomas Renold and… Continue reading Arthur J. Gallagher & Co. Acquires Swiss Broker Verbag