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Arthur J. Gallagher buys UK’s First Actuarial
Yahoo Finance· 2025-12-03 10:58
Core Insights - Arthur J. Gallagher has acquired UK-based pension administrator First Actuarial, enhancing its pension service capabilities in the UK [1][2] - First Actuarial will continue to operate under its existing leadership and locations, integrating into Gallagher's UK Benefits and HR Consulting Division [1][2] - This acquisition aligns with Gallagher's strategy to expand its employee benefits consulting operations [2] Company Overview - Arthur J. Gallagher is a global insurance brokerage and risk management company headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [4] - The company provides a range of services including insurance brokerage, risk management, and consulting across various industries [4] Recent Acquisitions - In November 2025, Arthur J. Gallagher acquired Tompkins Insurance Agencies for around $223 million, expanding its property and casualty insurance and employee benefits services in the US [2][3] - In August, Gallagher completed the purchase of AssuredPartners for a gross consideration of $13.45 billion, further strengthening its position in the insurance brokerage market [3]
Arthur J. Gallagher & Co. Acquires First Actuarial
Prnewswire· 2025-12-02 09:00
Core Insights - Arthur J. Gallagher & Co. has acquired UK-based First Actuarial, enhancing its pension service capabilities in the UK [1][3] - First Actuarial specializes in pension administration, employee benefits, consultancy, and investment services for employers and pension plan trustees in the UK [2] - The acquisition aligns with Gallagher's strategy to expand its employee benefits consulting operations and will retain the First Actuarial team under existing leadership [2][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 company continues to grow through strategic acquisitions, as evidenced by its recent purchases, including Surescape Insurance Services and Tompkins Insurance Agencies [5][6]