Arthur J. Gallagher & Co. Acquires AccurART

(Low)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Tags

acquisition

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

05/04/2023 - 05:30 AM EDT

ROLLING MEADOWS, Ill., May 4, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Switzerland-based AccurART. Terms of the transaction were not disclosed.

AccurART is a specialist fine arts insurance broker for private collections, museums, galleries and fine arts exhibitions, as well as offering services for jewelry, wine collections and musical instruments. It is headquartered in Zurich, Switzerland, and operates a subsidiary in Vaduz, Liechtenstein, which serves clients across Europe. Sandra Aebersold, Frank Häcker and their team will operate under the direction of Stephan Bachmann, head of Gallagher's insurance brokerage operations in Switzerland.

"AccurART bolsters our specialist fine arts presence in Europe, complementing our existing experience in this field," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "We are delighted to welcome Sandra, Frank and their colleagues to Gallagher and look forward to working with them to further expand their client base with their sector expertise and specialist service."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investors: Ray Iardella, VP - Investor Relations	Media: Paul Day, Communications Manager
630-285-3661/ ray_iardella@ajg.com	630-285-5946/ paul_day1@ajg.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-accurart-301815687.html