Arthur J. Gallagher & Co. Acquires MACK Insurance Services

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of MACK Insurance Services, an Australian commercial insurance broker specializing in the agriculture sector. The acquired company, led by Lizzie Carver, operates from offices in Wagga Wagga and Narrandera, New South Wales.

The MACK Insurance team will be integrated into Gallagher's Australian brokerage operations, enhancing the company's agricultural insurance expertise in the region. While financial terms were not disclosed, the acquisition aligns with Gallagher's global expansion strategy and strengthens its presence in the Australian market.

Positive

• Strategic expansion of agricultural insurance expertise in Australia
• Geographic expansion with two new office locations in New South Wales
• Cultural alignment with existing operations
• Strengthens presence in Australian market

Negative

• Financial terms not disclosed, impact on financials unknown

ROLLING MEADOWS, Ill., Aug. 5, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Australia-based MACK Insurance Services. Terms of the transaction were not disclosed.

MACK Insurance Services is a commercial insurance broker with a focus on the agriculture sector. Lizzie Carver and her team will join Gallagher's brokerage operations in Australia from office locations in Wagga Wagga and Narrandera, New South Wales.

"MACK Insurance Services is a culturally aligned broker whose agriculture niche expertise complements our existing brokerage capabilities in Australia," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Lizzie and her 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, Senior Media Relations 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 Australia?

Arthur J. Gallagher acquired MACK Insurance Services, a commercial insurance broker specializing in the agriculture sector, based in New South Wales, Australia.

Where will MACK Insurance Services operate under AJG?

MACK Insurance Services will operate from their existing locations in Wagga Wagga and Narrandera, New South Wales, joining Gallagher's Australian brokerage operations.

Who will lead the MACK Insurance Services team under AJG?

Lizzie Carver and her team will continue to operate the business as part of Gallagher's brokerage operations in Australia.

How does the MACK Insurance acquisition benefit AJG's business?

The acquisition enhances AJG's agricultural insurance expertise in Australia, expands its geographic presence in New South Wales, and complements its existing brokerage capabilities in the region.

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

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