Arthur J. Gallagher & Co. Acquires Bircroft Insurance Services

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Bircroft Insurance Services, a London-based specialist insurance broker. Bircroft specializes in retail and wholesale services with a focus on the commercial real estate sector.

The Bircroft team, led by Ian Lee and Simon Bird, will be integrated into Gallagher's specialist real estate practice within its UK & Ireland Retail division. The acquisition aims to expand Gallagher's property specialist capabilities in the UK market.

The financial terms of the transaction were not disclosed. Gallagher currently operates as a global insurance brokerage, risk management and consulting services firm, providing services in approximately 130 countries through owned operations and a network of correspondent brokers and consultants.

Positive

• Strategic expansion of property specialist capabilities in UK market
• Enhancement of real estate practice expertise through acquisition
• Geographic expansion in London market

Negative

• None.

ROLLING MEADOWS, Ill., April 3, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of London, UK-based Bircroft Insurance Services (Bircroft). Terms of the transaction were not disclosed.

Bircroft is a specialist insurance broker providing retail and wholesale services with a focus on the commercial real estate sector. The Bircroft team, led by Ian Lee and Simon Bird, will become part of Gallagher's specialist real estate practice in its UK & Ireland Retail division.

"Bircroft is a well-regarded broker that will broaden our existing property specialist capabilities in the UK," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Ian, Simon and their associates to our growing, global team."

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

 

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What company did Arthur J. Gallagher (AJG) acquire in April 2025?

Arthur J. Gallagher acquired Bircroft Insurance Services, a London-based specialist insurance broker focusing on commercial real estate sector.

How will Bircroft Insurance Services be integrated into AJG's structure?

Bircroft's team will become part of Gallagher's specialist real estate practice in its UK & Ireland Retail division.

What is the value of AJG's acquisition of Bircroft Insurance Services?

The financial terms of the transaction were not disclosed in the announcement.

What are the main services offered by Bircroft Insurance Services?

Bircroft provides retail and wholesale insurance brokerage services, specializing in the commercial real estate sector.