Arthur J. Gallagher & Co. Acquires Dawson & Keenan Insurance Ltd

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Dawson & Keenan Insurance , a retail insurance brokerage based in Sault Ste. Marie, Ontario. The acquired company serves personal and commercial lines clients in Northern Ontario. Larry Day and his team will continue operations from their current location, reporting to Dave Partington, who leads Gallagher's Canadian retail property/casualty brokerage operations.

The acquisition aims to strengthen Gallagher's presence in the Canadian market, leveraging Dawson & Keenan's established regional reputation. Gallagher, headquartered in Rolling Meadows, Illinois, operates in approximately 130 countries, providing insurance brokerage, risk management, and consulting services globally.

ROLLING MEADOWS, Ill., Dec. 3, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Sault Ste. Marie, Ontario-based Dawson & Keenan Insurance Ltd. Terms of the transaction were not disclosed.

Dawson & Keenan Insurance is a retail insurance brokerage serving personal and commercial lines clients in Northern Ontario. Larry Day and his team will remain in their current location under the direction of Dave Partington, head of Gallagher's Canadian retail property/casualty brokerage operations.

"Dawson & Keenan Insurance has a long-standing reputation in the region and will provide growth opportunities for our retail brokerage operations in Canada," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Larry and his associates to Gallagher."

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 Dawson & Keenan Insurance , a retail insurance brokerage based in Sault Ste. Marie, Ontario.

Where will Dawson & Keenan Insurance continue operations after AJG's acquisition?

Dawson & Keenan Insurance will remain in their current location in Sault Ste. Marie, Ontario, under the direction of Dave Partington.

What is the geographic coverage of Dawson & Keenan Insurance's operations?

Dawson & Keenan Insurance serves personal and commercial lines clients in Northern Ontario.

How many countries does Arthur J. Gallagher (AJG) operate in as of 2024?

Arthur J. Gallagher operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants.