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Arthur J. Gallagher & Co. Acquires Imbs Holdings, Inc.
Prnewswire· 2025-04-02 13:00
Core Insights - Arthur J. Gallagher & Co. has acquired Imbs Holdings, Inc., a retail insurance broker based in St. Louis, Missouri, although the terms of the transaction were not disclosed [1][2] - The acquisition aims to enhance Gallagher's retail brokerage capabilities in the region, leveraging the market expertise and client relationships of the Imbs team [2] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [2] - The company will integrate Imbs Holdings under the leadership of Bret VanderVoort, who heads Gallagher's South Central retail property/casualty brokerage operations [1]
Arthur J. Gallagher & Co. Acquires Tresidder Insurance Brokers
Prnewswire· 2025-04-01 21:00
Core Insights - Arthur J. Gallagher & Co. has acquired Tresidder Insurance Brokers, an Australia-based firm, although the terms of the transaction were not disclosed [1] - Tresidder Insurance Brokers specializes in property/casualty brokerage services for both commercial and personal clients, with expertise in sectors such as manufacturing, food and beverage, biotech, and agriculture [2] - The acquisition is expected to enhance Gallagher's client-service capabilities in Australia, as stated by J. Patrick Gallagher, Jr., the Chairman and CEO [3] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3] - The firm will integrate Brad Tresidder, Dean O'Halloran, and their team into its Australia specialty broking division following the acquisition [2]
5 Stocks to Watch From the Thriving Insurance Brokerage Industry
ZACKS· 2025-03-24 14:46
Industry Overview - The Zacks Insurance Brokerage industry is expected to benefit from better pricing, prudent underwriting, rising demand for insurance products, and global expansion, driving revenues [1] - The insurance brokerage market size is projected to reach $331.96 billion in 2025 and $395.41 billion by 2030, with a CAGR of 3.56% during the forecast period [3] - Increased digitization is anticipated to improve operational efficiencies and scale within the industry [2] Trends Influencing Growth - Increased demand for insurance products is driving revenues, with industry players expanding globally and improving pricing and underwriting standards [4] - The aging population and rising awareness among baby boomers and millennials are boosting demand for various insurance products [5] - The industry is witnessing fast-paced consolidation, driven by mergers and acquisitions, with mid-market activity expected to increase in 2025 [6] Technological Advancements - Insurance brokers are adopting digital tools for policy management and claims processing, enhancing customer interactions [7] - The integration of technologies like AI, machine learning, and blockchain is expected to improve operational efficiency and risk assessment [8] Market Performance - The Insurance Brokerage industry has outperformed the Finance sector and the Zacks S&P 500 Composite over the past year, with a collective stock increase of 27.7% compared to 16.1% and 9.1% respectively [13] - The industry currently trades at a trailing 12-month price-to-book (P/B) ratio of 6.68X, lower than the Zacks S&P 500 Composite's 7.97X [15] Company Highlights - Erie Indemnity has a market capitalization of $21.43 billion and is focused on improving its combined ratio through various strategies, with a consensus estimate indicating a 24.9% year-over-year earnings increase for 2025 [18][19] - Brown & Brown, with a market cap of $33.89 billion, has seen earnings growth of 21.5% over the past five years, with a consensus estimate for 2025 indicating an 8.8% year-over-year increase [22][27] - Marsh & McLennan, valued at $114.09 billion, is well-positioned for growth due to significant investments and acquisitions [24] - Arthur J. Gallagher, with a market cap of $84.50 billion, expects organic growth in its risk management and brokerage segments in the 6%-8% range [29][30] - Aon, valued at $84.31 billion, is focusing on expanding its health and benefits business and has a long-term earnings growth rate expectation of 10.7% [33][35]
Arthur J. Gallagher & Co. Acquires Litchfield Special Risks, Inc.
Prnewswire· 2025-03-24 13:00
Core Insights - Arthur J. Gallagher & Co. has acquired Litchfield Special Risks, Inc. (LSR), a wholesale insurance broker based in El Paso, Texas, enhancing its capabilities in the transportation and property/casualty sectors [1][2][3] Company Overview - LSR specializes in providing transportation and property/casualty solutions for retail agents in Texas and the Southwest US [2] - Bill Brenton and his team will continue operations at their current location under the leadership of Ash Thomas, VP-Western Region for Risk Placement Services, Inc. (RPS) [2] Strategic Implications - The acquisition is expected to leverage LSR's market reputation and niche expertise in transportation, thereby expanding RPS's capabilities in Texas [3] - J. Patrick Gallagher, Jr., Chairman and CEO of Arthur J. Gallagher & Co., expressed enthusiasm about integrating LSR's team into their operations [3] Company Profile - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3]
Arthur J. Gallagher & Co. Acquires Philinsure
Prnewswire· 2025-03-10 13:00
Core Insights - Arthur J. Gallagher & Co. has acquired the remaining shares of Philpacific Insurance Brokers & Managers, Inc., known as Philinsure, after previously making a minority investment in the company [1] - Philinsure operates as a commercial insurance and reinsurance broker in the Philippines, with its headquarters in Cebu City and additional offices in greater Manila and Davao City [2] - The acquisition is expected to enhance Gallagher's retail brokerage capabilities in Asia, aligning with the company's growth strategy [3] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3] - The leadership team at Philinsure, including Gordon "Dondi" Joseph, will continue to operate under the direction of Sarah Lyons, who oversees retail property/casualty brokerage operations for Gallagher in Australia and Asia [2][3]
Arthur J. Gallagher & Co. Receives Second Request for Information Related to its HSR Filing for the Purchase of AssuredPartners
Prnewswire· 2025-03-07 13:00
Core Viewpoint - Arthur J. Gallagher & Co. has received a second request for additional information as part of the Hart-Scott-Rodino filing related to its proposed acquisition of AssuredPartners, which is a standard procedure in regulatory reviews for such transactions [1][2]. Group 1 - The second request extends the waiting period imposed by the HSR Act until 30 days after Gallagher has substantially complied with the request, with the possibility of voluntary extension or shortening by the antitrust agency [1]. - Gallagher is actively responding to the request and anticipates that the transaction will close in the second half of 2025 [2]. - Gallagher operates as a global insurance brokerage, risk management, and consulting services firm, with services provided in approximately 130 countries [2].
ARTHUR J. GALLAGHER & CO. TO HOST REGULARLY SCHEDULED QUARTERLY INVESTOR MEETING WITH MANAGEMENT
Prnewswire· 2025-03-05 22:00
Core Viewpoint - Arthur J. Gallagher & Co. will hold its quarterly management meeting on March 20, 2025, to discuss business operations and financial outlook [1][2]. Group 1: Meeting Details - The quarterly management meeting is scheduled for March 20, 2025, from 8:00 a.m. to approximately 10:30 a.m. CT [1]. - The meeting will be conducted virtually via conference call, allowing for participation from the investment community [1]. - A live broadcast of the conference call will be available on Gallagher's website, with a replay accessible until March 27, 2025 [2]. Group 2: Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois [3]. - The company operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants [3].
Arthur J. Gallagher & Co. Announces Agreement to Acquire Woodruff Sawyer
Prnewswire· 2025-03-04 22:36
ROLLING MEADOWS, Ill., March 4, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced it has signed a definitive agreement to acquire San Francisco, California-based Woodruff Sawyer. The transaction is subject to regulatory approval and is expected to close during the second quarter of 2025.Woodruff Sawyer provides a full suite of commercial property/casualty products, employee benefits solutions and risk management services with a focus on middle and large market clients. Operating from 14 US offi ...
Arthur J. Gallagher & Co. Acquires RMA General Limited
Prnewswire· 2025-03-03 22:00
ROLLING MEADOWS, Ill., March 3, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of New Zealand-based RMA General Limited (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed. RMA provides commercial and personal insurance products as well as tailored life and health solutions to clients throughout New Zealand. Josh Adams and his team will operate under the direction of Carl O'Shea, head of Gallagher's New Zealand retail brokerage o ...
Arthur J. Gallagher & Co. Acquires Dyste Williams
Prnewswire· 2025-03-03 14:00
Core Insights - Arthur J. Gallagher & Co. has acquired Dyste Williams, a retail insurance agency based in Minneapolis, Minnesota, although the terms of the transaction were not disclosed [1] - Dyste Williams offers a comprehensive range of commercial lines, employee benefits, and personal lines services to clients in the Upper Midwest [2] - The acquisition aims to enhance Gallagher's small business capabilities, with Dyste Williams' team continuing to operate under Gallagher Agency Alliance [3] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, providing services in approximately 130 countries [4] - The Gallagher Agency Alliance focuses on merging and acquiring agencies that specialize in small business property/casualty insurance and employee benefits [3]