Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered insurance coverage brokerage, threat administration and consulting companies agency, introduced the acquisition of a Canadian and Australian insurance coverage brokerages.
In Canada, Gallagher bought Sault Ste. Marie, Ontario-based Dawson & Keenan Insurance coverage Ltd. In Australia, it has acquired Lambton, New South Wales-based Hann Insurance coverage Brokers Pty Ltd.
Monetary phrases of each offers weren’t disclosed.
Dawson & Keenan Insurance coverage is a retail insurance coverage brokerage serving private and business strains shoppers in Northern Ontario. Larry Day and his workforce will stay of their present location underneath the path of Dave Partington, head of Gallagher’s Canadian retail property/casualty brokerage operations.
“Dawson & Keenan Insurance coverage has a long-standing status within the area and can present development alternatives for our retail brokerage operations in Canada,” mentioned J. Patrick Gallagher Jr., chairman and CEO. “I’m delighted to welcome Larry and his associates to Gallagher.”
The second acquisition of Hann Insurance coverage Brokers gives property/casualty insurance coverage companies for business shoppers all through Australia with a concentrate on transport.
Rhett Hann and his workforce will be part of Gallagher’s Newcastle, New South Wales workplace underneath the path of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia and Asia.
“Hann Insurance coverage Brokers’ sturdy shopper relationships and transport area of interest experience will broaden our retail brokerage capabilities in Australia,” mentioned Chairman J. Patrick Gallagher Jr.
Supply: Arthur J. Gallagher & Co.
Subjects
Mergers & Acquisitions
Agencies
Canada
A.J. Gallagher
Australia
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