Arthur J. Gallagher & (US:AJG) Prnewswireยท2024-10-25 09:00Core Insights - Arthur J. Gallagher & Co. has acquired London-based Redington Ltd, an investment consulting firm specializing in services for pension funds, wealth managers, and institutional investors primarily in the UK [1] - The acquisition is expected to enhance Gallagher's consulting services through Redington's expertise in modeling and investment market research, aiming to improve financial security outcomes for clients [1] 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 [1] - Redington Ltd will continue to operate under the leadership of Sylvia Pozezanac and her team, with oversight from David Piltz, head of Gallagher's UK employee benefits and HR consulting operations [1] Strategic Implications - The acquisition aligns with Gallagher's strategy to strengthen its position in the investment consulting space by integrating Redington's talent and capabilities [1] - J. Patrick Gallagher, Jr., Chairman and CEO, expressed enthusiasm about the cultural fit and the potential for enhanced service offerings to clients [1]