Arthur J. Gallagher & Co. Acquires German Broker Krose GmbH & Co.

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG (Krose).Terms of the transaction were not disclosed. Founded in 1920, Krose provides commercial insurance and reinsurance solutions for corporate clients across Germany and specializes in the design and placement of complex programs.Krose’s team of risk professionals across property, casualty, cyber, marine, D&O and alternative risk solutions will become part ...