Arthur J. Gallagher's Pen Underwriting Acquires Tay River Holdings Ltd
April 3, 2023
Arthur J. Gallagher & Co., through its specialist underwriting subsidiary Pen Underwriting, acquired UK-based Tay River Holdings Ltd and its specialist managing general agent (MGA) companies. The acquisition brings marine specialty underwriting capabilities (marine liability, ports & terminals, marine war risks and kidnap & ransom) into Pen; Paul Hartley will continue to lead the Tay team. Terms were not disclosed.
- Buyers
- Arthur J. Gallagher & Co., Pen Underwriting
- Targets
- Tay River Holdings Ltd
- Industry
- Insurance
- Location
- England, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Arthur J. Gallagher & Co. Acquires Manchester Underwriting Agencies Limited
October 4, 2021
Insurance
Arthur J. Gallagher & Co., through its specialist underwriting subsidiary Pen Underwriting, acquired 100% of UK-based Manchester Underwriting Agencies Limited (and its subsidiary Manchester Underwriting Management Limited). Terms were not disclosed; founder Charles Manchester will continue to lead the business. The acquisition expands Pens specialist underwriting capabilities and adds a complementary book of professional indemnity and management liability business serving SMEs in the UK.
-
Ardonagh Group Acquires Thames Underwriting
August 17, 2020
Insurance
The Ardonagh Group has acquired Thames Underwriting, a Leigh-on-Sea–based managing general agent (MGA) that serves brokers across the Construction, Leisure and Commercial sectors. Thames (a 30-strong team) will join Ardonagh's MGA brands within Geo Specialty Group Holdings Limited, expanding Ardonagh's specialist underwriting capability and broker distribution with existing delegated authorities to Lloyd's and A-rated insurers.
-
Arthur J. Gallagher & Co. Acquires River Valley Capital Insurance, Inc.
October 11, 2021
Insurance
Arthur J. Gallagher & Co. acquired Dubuque, Iowa-based River Valley Capital Insurance, Inc., a retail property/casualty brokerage specializing in insurance for the long-haul trucking industry. The River Valley team will remain in Dubuque and join Gallagher's Midwest transportation practice; financial terms were not disclosed.
-
Arthur J. Gallagher & Co. Acquires Morgan, Trevathan & Gunn, Inc.
September 12, 2023
Financial Services
Arthur J. Gallagher & Co. (Gallagher) has acquired Benton, Kentucky-based retail insurance broker Morgan, Trevathan & Gunn, Inc. The boutique brokerage, which specializes in trucking industry insurance for clients in Kentucky and nearby states, will continue to operate from its current location with its existing leadership team remaining in place under Gallagher's Mid-South retail P/C brokerage 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 Hann Insurance Brokers Pty Ltd
December 2, 2024
Insurance
Arthur J. Gallagher & Co. has acquired Lambton, New South Wales‑based Hann Insurance Brokers Pty Ltd; terms were not disclosed. Rhett Hann and his team will join Gallagher's Newcastle office, expanding Gallagher's retail property/casualty brokerage capabilities in Australia with added transport-sector expertise.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.