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Arthur J. Gallagher & Co. Acquires Viking Bond Service, Inc.

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ROLLING MEADOWS, Ill., March 21, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Phoenix, Arizona-based Viking Bond Service, Inc. Terms of the transaction were not disclosed.

Founded in 2002, Viking Bond Service is a surety bond agency specializing in commercial, contract and fidelity bonds for clients across the United States. Tom Buckner, Bill Belpedio and their team will operate under the direction of Kevin Garvin, head of Affinity North America for Gallagher's retail property/casualty brokerage operations.

"Viking Bond Service complements our existing surety offerings and deepens our expertise in this market," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Tom, Bill and their 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.

Arthur J. Gallagher & Co.

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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