Arthur J. Gallagher & Co. Acquires My Plan Manager

Rhea-AI Summary

Arthur J. Gallagher & Co. (AJG) has announced the acquisition of My Plan Manager Group Pty Ltd (My Plan Manager) by its subsidiary Gallagher Bassett. My Plan Manager is a leading provider of plan management services to participants in Australia's National Disability Insurance Scheme. The terms of the transaction were not disclosed. My Plan Manager has shown significant growth since its founding in 2014 and will now operate under the direction of Pete Nicholson, head of Gallagher Bassett's Australian operations.

ROLLING MEADOWS, Ill., Dec. 7, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Adelaide, South Australia-based My Plan Manager Group Pty Ltd (My Plan Manager). Terms of the transaction were not disclosed.

My Plan Manager is the leading provider of plan management services to participants in Australia's National Disability Insurance Scheme. Following its founding in 2014, My Plan Manager has grown significantly to positively impact outcomes for people living with a disability. The My Plan Manager team will operate under the direction of Pete Nicholson, head of Gallagher Bassett's Australian operations.

"As a leader in supporting better outcomes for Australia's disability community, My Plan Manager shares our commitment to inclusion and represents an excellent cultural fit," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Together, Gallagher Bassett and My Plan Manager's enhanced capabilities will serve the community through Australian government insurance schemes, provide tremendous opportunities for personal and professional growth, and deliver superior outcomes for our clients. I'd like to welcome all of our new colleagues to the growing Gallagher family of professionals, and I look forward to the positive impact this acquisition will have on our organization and all those we serve."

About Arthur J. Gallagher & Co.
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-my-plan-manager-302009430.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What did Arthur J. Gallagher & Co. acquire and from whom?

Arthur J. Gallagher & Co. acquired My Plan Manager Group Pty Ltd (My Plan Manager) from its subsidiary Gallagher Bassett.

What services does My Plan Manager provide?

My Plan Manager is a leading provider of plan management services to participants in Australia's National Disability Insurance Scheme.

Who will oversee My Plan Manager after the acquisition?

Pete Nicholson, head of Gallagher Bassett's Australian operations, will oversee My Plan Manager after the acquisition.

When was My Plan Manager founded?

My Plan Manager was founded in 2014.

What impact is the acquisition expected to have on Gallagher Bassett?

The acquisition is expected to enhance Gallagher Bassett's capabilities and provide tremendous opportunities for personal and professional growth.

Who welcomed the new colleagues from My Plan Manager to the Gallagher family?

J. Patrick Gallagher, Jr., Chairman, President, and CEO of Arthur J. Gallagher & Co. welcomed the new colleagues from My Plan Manager to the Gallagher family.