Arthur J. Gallagher & Co. Acquires Mutual Brokers Pty Ltd
05/03/2021 - 02:00 AM
ROLLING MEADOWS, Ill. , May 3, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Canberra , Australian Capital Territory (ACT)-based Mutual Brokers Pty Ltd. Terms of the transaction were not disclosed.
Founded in 1985, Mutual Brokers is an independent broker serving a broad cross-section of commercial and small corporate clients in Canberra and the ACT. Owners Lou Pennetta and Adrian Dodd , and their team, will come under the direction of Head of Metro Branches Mark Saunderson and will relocate to join the Gallagher Canberra branch later in the year.
"Mutual Brokers is a growing, culturally aligned business that doubles our presence and expands our client capabilities in the key Canberra market," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am very pleased to welcome Lou, Adrian and their associates to our growing global team."
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 56 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
http://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-mutual-brokers-pty-ltd-301281600.html
SOURCE Arthur J. Gallagher & Co.
Arthur J. Gallagher & Co.
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Industry
Insurance Agencies and Brokerages
Sector
Finance and Insurance
Tags
Finance, Insurance Brokers/Services, Finance and Insurance, Insurance Agencies and Brokerages
Country
US
City
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
