Arthur J. Gallagher & Co. Acquires Caytons Law LLP

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) announced that its subsidiary, Gallagher Bassett, has acquired Caytons Law LLP's UK operations. Caytons, operating in London and Bristol, specializes in claims and legal management with a focus on commercial and professional liability insurance matters.

The Caytons team, led by John Cayton, Sam Moore, and Robin Cundall, will operate under Manan Sagar, head of Gallagher Bassett's UK operations. The acquisition aims to enhance Gallagher Bassett's capabilities in financial lines and professional liability claims management in the UK. Financial terms were not disclosed.

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News Market Reaction – AJG

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On the day this news was published, AJG declined 1.37%, reflecting a mild negative market reaction.

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ROLLING MEADOWS, Ill. , Dec. 2, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired the UK-based operations of Caytons Law LLP (Caytons). Terms of the transaction were not disclosed.

Caytons is a claims and legal management firm with a particular focus on providing legal advice in relation to commercial and professional liability insurance matters. Operating in London and Bristol, John Cayton, Sam Moore, Robin Cundall and their team across the UK will operate under the direction of Manan Sagar, head of Gallagher Bassett's UK operations.

"Caytons is a highly regarded firm whose deep expertise in claims management for financial lines and professional liability will enhance Gallagher Bassett's capabilities in the UK," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome John, Sam, Robin and their associates to our growing Gallagher family of professionals."

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 December 2024?

Arthur J. Gallagher acquired the UK operations of Caytons Law LLP, a claims and legal management firm specializing in commercial and professional liability insurance matters.

Where will Caytons Law operate following the AJG acquisition?

Following the acquisition, Caytons Law will continue to operate in London and Bristol, UK, under the direction of Manan Sagar, head of Gallagher Bassett's UK operations.

What capabilities will the Caytons Law acquisition add to AJG's UK operations?

The acquisition will enhance Gallagher Bassett's capabilities in claims management for financial lines and professional liability in the UK market.

Who are the key team members joining AJG from Caytons Law?

John Cayton, Sam Moore, and Robin Cundall are the key team members from Caytons Law joining Arthur J. Gallagher's operations.