Arthur J. Gallagher & Co. Acquires Allied Insurance Brokers (and Ascinsure Specialty Risk)
September 23, 2019
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.
- Buyers
- Arthur J. Gallagher & Co.
- Targets
- Allied Insurance Brokers, Ascinsure Specialty Risk
- Industry
- Insurance
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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