Arthur J. Gallagher & Co. Acquires North Star Insurance Services and North Star Marine Insurance Services

Arthur J. Gallagher & Co. Acquires The John Galt Insurance Agency

February 5, 2024

Insurance

Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Commercial Insurance Agency, LLC and John Galt Insurance Agency, Inc. The acquisition strengthens Gallagher's property/casualty capabilities in condominium and multi-family real estate across Florida; the John Galt team will remain in place under Gallagher's Southeast retail P/C leadership.

Arthur J. Gallagher & Co. Acquires Farallone Pacific Insurance Services, LLC

March 23, 2017

Insurance

Arthur J. Gallagher & Co. acquired Novato, California-based Farallone Pacific Insurance Services, LLC. The boutique retail property/casualty broker — founded in 2004 and specializing in nonprofits, schools, affordable housing and private clients — will continue to operate from its current location under Gallagher's Southwest retail property/casualty brokerage leadership.

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 Bremer Insurance Agencies, Inc.

September 9, 2025

Insurance

Arthur J. Gallagher & Co. has acquired St. Paul–based Bremer Insurance Agencies, Inc., a subsidiary of Old National Bancorp; terms were not disclosed. The acquisition expands Gallagher's retail property/casualty brokerage footprint in the Upper Midwest, with Travis Hoaglund and his team joining Gallagher's Great Lakes region retail P/C operations.

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 Eastern Insurance Group

September 19, 2023

Insurance

Arthur J. Gallagher & Co. signed a definitive agreement to acquire Natick, Massachusetts-based Eastern Insurance Group, LLC (a subsidiary of Eastern Bank) for $510 million (net of seller-funded expenses). The acquisition, expected to close in late 2023 and now completed, expands Gallagher’s commercial property/casualty, personal lines and employee benefits capabilities across the Northeast U.S.; Eastern Insurance reported pro forma trailing-12-month revenues of approximately $104 million and EBITDAC of $37 million.