Arthur J. Gallagher & Co. Acquires Madison Risk & Insurance Services

Arthur J. Gallagher / Gallagher Re Acquires Bay Risk Services Limited

March 6, 2023

Insurance

Arthur J. Gallagher & Co., through its reinsurance division Gallagher Re, has acquired the business and assets of UK-based Lloyd’s broker Bay Risk Services Limited, a member of the Optio Group. Bay Risk, founded in 2016 and specializing in structuring and placing delegated underwriting authority (binder) business for program managers, MGAs and Lloyd’s coverholders, will join Gallagher Re’s global programs practice; the existing Bay Risk leadership team will remain in place. Terms were not disclosed.

Arthur J. Gallagher & Co. Acquires Coverys Insurance Services (retail agency assets)

November 16, 2023

Insurance

Arthur J. Gallagher & Co. acquired certain assets of the retail agency business of Coverys Insurance Services, an East Lansing, Michigan-based insurance broker specializing in medical malpractice and professional liability. Terms were not disclosed and the Coverys Insurance Services team will remain in East Lansing under the direction of Ryan Isaacs as part of Gallagher's Midwest retail P/C brokerage operations.

Arthur J. Gallagher & Co. Acquires Anderson Benson

March 2, 2023

Insurance

Arthur J. Gallagher & Co. (Gallagher) has acquired Anderson Benson, a Nashville-based retail insurance broker and risk management firm with niche expertise in the entertainment sector and specializations in hospitality, construction and transportation. The Anderson Benson team will remain in Nashville and operate under Gallagher's Mid-South retail property/casualty brokerage leadership; terms were not disclosed.

Arthur J. Gallagher & Co. Acquires Specialty Risk Management Services, LLC and Private Client Insurance Services, LLC

April 1, 2024

Insurance

Arthur J. Gallagher & Co. (Gallagher) acquired Fort Myers, Florida-based Specialty Risk Management Services, LLC and its affiliate Private Client Insurance Services, LLC. The acquired agencies — which manage property insurance programs for Florida businesses and provide commercial, condominium association and personal lines — will continue operating from their Fort Myers location with their current team under Gallagher's Southeast retail P/C leadership; terms were not disclosed.

Arthur J. Gallagher & Co. Acquires Construction Risk Solutions, LLC

January 9, 2017

Insurance

Arthur J. Gallagher & Co. (AJG) acquired Construction Risk Solutions, LLC, a Hunt Valley, Maryland-based retail insurance broker specializing in property/casualty, risk management and surety services for the construction industry. Terms were not disclosed; John Wagner and his associates will continue to operate from their current location under Gallagher's Northeast retail property/casualty leadership, strengthening Gallagher's construction industry capabilities in the region.

Arthur J. Gallagher & Co. Acquires Allied Insurance Brokers (and Ascinsure Specialty Risk)

September 23, 2019

Insurance

Arthur J. Gallagher & Co. has acquired Pittsburgh-based Allied Insurance Brokers, including its subsidiary Ascinsure Specialty Risk. The acquisition adds niche crane, scaffold and equipment-dealer insurance expertise and a program underwriting capability to Gallagher’s construction practice and U.S. wholesale operations.