STOCK TITAN

Arthur J. Gallagher & Co. Completes Acquisition of Cadence Insurance, Inc.

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE: AJG) has completed the acquisition of Cadence Insurance, Inc., a wholly-owned subsidiary of Cadence Bank (NYSE: CADE), making Gallagher the preferred insurance broking partner of Cadence Bank. Gallagher is a global insurance brokerage, risk management, and consulting services firm, headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries worldwide.
Positive
  • None.
Negative
  • None.

ROLLING MEADOWS, Ill., Nov. 30, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced it has completed the previously disclosed acquisition of Baton Rouge, Louisiana-headquartered Cadence Insurance, Inc. (Cadence Insurance), a wholly-owned subsidiary of Cadence Bank (NYSE: CADE).

As part of the transaction, Gallagher will become the preferred insurance broking partner of Cadence Bank.

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

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-completes-acquisition-of-cadence-insurance-inc-302002506.html

SOURCE Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. (NYSE: AJG) completed the acquisition of Cadence Insurance, Inc., a wholly-owned subsidiary of Cadence Bank (NYSE: CADE).

Arthur J. Gallagher & Co. (NYSE: AJG) is headquartered in Rolling Meadows, Illinois.

Arthur J. Gallagher & Co. (NYSE: AJG) is a global insurance brokerage, risk management, and consulting services firm.

Arthur J. Gallagher & Co. (NYSE: AJG) operates in approximately 130 countries worldwide.

The ticker symbol for Arthur J. Gallagher & Co. is AJG.

The ticker symbol for Cadence Bank is CADE.
Arthur J. Gallagher & Co.

NYSE:AJG

AJG Rankings

AJG Latest News

AJG Stock Data

Insurance Agencies and Brokerages
Finance and Insurance
Link
Finance, Insurance Brokers/Services, Finance and Insurance, Insurance Agencies and Brokerages
US
New York

About AJG

gallagher, a global insurance brokerage and risk management services firm, helps clients address risk, protect assets and recover from losses. the products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. gallagher is the only insurance broker recognized by the ethisphere institute as a world's most ethical company. gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. gallagher also offers claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services. find us on social media: facebook: http://www.facebook.com/lifeatgallagher instagram: http://instagram.com/lifeatgallagher twitter: https://twitter.com/lifeatgallagher or http://twitter.com/ajgcorporate