Arthur J. Gallagher & Co.’s captive and various threat switch options subsidiary, Artex, has acquired London-based Implement Compliance Options & Sources Ltd. (ICSR).
Phrases of the transaction weren’t disclosed.
ICSR gives consulting and assist companies on compliance, governance, threat and operations to insurance coverage companies primarily in the UK. Kenneth Underhill and his workforce will stay of their present location below the course of Paul Eaton, head of Artex EMEA.
“ICSR represents a superb strategic match for Artex and can strengthen our capabilities in serving purchasers present process regulatory and transformational change,” stated J. Patrick Gallagher Jr., chairman and CEO. “I’m excited to welcome Kenneth and his associates to our rising, world workforce.”
A world insurance coverage brokerage, threat administration and consulting companies agency, Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Illinois. Gallagher gives these companies in roughly 130 international locations world wide via its owned operations and a community of correspondent brokers and consultants.
Supply: Arthur J. Gallagher & Co.
Matters
Mergers & Acquisitions
A.J. Gallagher
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