Arthur J. Gallagher & Co.’s (AJG) specialist underwriting subsidiary, Pen Underwriting, recently acquired Wrightway Underwriting Limited. The terms of the transaction have not been revealed yet.Wexford, Ireland-based Wrightway was established in 1999. Wrightway, being a managing general agent, offers motor and liability coverages for the haulage and fleet sector across Ireland through its independent broker clients, as well as other commercial and personal insurance products. It has a long track record in a ...

文章核心观点 - 公司宣布其专业承保子公司Pen Underwriting已收购爱尔兰Wexford的Wrightway Underwriting Limited [1][2][3] - Wrightway是一家管理总代理(MGA),为运输和车队行业提供机动车和责任险等保险产品,并通过独立经纪人客户在爱尔兰开展业务,同时也提供其他商业和个人保险产品 [2] - 收购完成后,Wrightway将成为Pen Underwriting的一部分,现有管理团队将继续领导该团队 [2][3] - 该收购有助于补充Pen的现有专业能力,为公司在爱尔兰的业务拓展提供进一步的增长机会 [3] 公司概况 - 公司总部位于美国伊利诺伊州罗林斯米多斯,是一家全球性的保险经纪、风险管理和咨询服务公司 [3] - 公司在全球约130个国家开展业务,通过自有业务和通讯经纪人及顾问网络提供相关服务 [3] 交易信息 - 公司未披露交易的具体条款 [1]

ROLLING MEADOWS, Ill., June 4, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Pittsburgh, Pennsylvania-based Crawford Insurance, LLC. Terms of the transaction were not disclosed.Crawford Insurance is a retail insurance agency offering property/casualty products to commercial and personal lines clients in Pennsylvania, South Carolina and Virginia. James Crawford and his team will remain in their current location under the direction of Sean Gallagher, head of Gallagher's Gre ...

ValleraTo/iStock via Getty Images In my 10 Dividend Growth Stocks series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. Dividend Radar is a weekly automatically generated spreadsheet of dividend growth [DG] stocks with dividend increase streaks of five or more years. To look for interesting candidates, I apply different screens every month to highlight various aspects of dividend growth investing. This month, I'm presenti ...

Arthur J. Gallagher & Co. (AJG) announced that Risk Placement Services, Inc., its U.S. wholesale brokerage, binding authority and programs division, acquired CCI Surety, Inc. The acquisition will consolidate the acquirer’s presence in wholesale surety and boost its portfolio.Golden Valley, MN-based CCI Surety is a managing general underwriter specializing in wholesale contract and commercial surety bonds for retail agents throughout the United States.Arthur J. Gallagher has an impressive inorganic story wit ...

ROLLING MEADOWS, Ill., May 23, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Golden Valley, Minnesota-based CCI Surety, Inc. Terms of the transaction were not disclosed. Founded by Michael Williams and led by Jeremy Crawford, CCI Surety is a managing general underwriter (MGU) specializing in wholesale contract and commercial surety bonds for retail agents throughout ...

Shares of Arthur J. Gallagher & Co. (AJG) have gained 14.7% year to date, compared with the industry’s increase of 10.2%, the Finance sector’s rise of 5.8% and the Zacks S&P 500 composite’s gain of 12.1%. With a market capitalization of $56.3 billion, the average volume of shares traded in the last three months was 0.8 million.Continued strong performance of its Brokerage and Risk Management segments, strategic buyouts to capitalize on growing market opportunities and effective capital deployment should con ...

ROLLING MEADOWS, Ill., May 13, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Cedar Rapids, Iowa-based Acumen Advisors, Inc. (Acumen). Terms of the transaction were not disclosed. Acumen is an employee benefits consultant serving small and mid-size businesses throughout Iowa. Andrew Morf, Kirby Moss and their team will remain in their current locations under the direction of Tom Lannen, head of Gallagher's Midwest region employee benefits consulting operations. "Acumen is ...

MoMo Productions/DigitalVision via Getty Images Investment summary My recommendation for Arthur J. Gallagher (NYSE:AJG) is a buy rating. I believe the current macro situation (strong US economy and high-for-longer interest rates) is favorable for AJG, and it should be able to grow organically at similar strength seen in 1Q24. AJG balance sheet also remains strong, which enables it to continue acquiring targets to grow. Business Overview AJG provides insurance brokerage and risk management services, with ...

ROLLING MEADOWS, Ill., May 6, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Melbourne, Victoria-based Health Insurance Consultants Australia (HICA). Terms of the transaction were not disclosed. HICA is a specialist health insurance consultancy and brokerage firm serving corporate clients, small and medium-sized businesses, professional groups and associations in Australia for more than 30 years. HICA founder Suzanne Still, Jethro Still and their team will remain in their ...