ROLLING
MEADOWS, Ill., Dec. 13,
2022 /PRNewswire/ -- Arthur J. Gallagher &
Co. today announced the acquisition of Brisbane, Queensland-based Aviation Insurance Australia.
Terms of the transaction were not disclosed.
Founded in 1993, Aviation Insurance Australia is a specialist
retail insurance broker serving aviation and aerospace clients
throughout the country. Ian Tait and
his team will remain in their current location under the direction
of Paul Harvey, Managing Director of
Specialisms for Gallagher in Australia.
"Aviation Insurance Australia is a well-respected broker that
enhances our aviation capabilities and offers cross-selling
opportunities in Australia," said
J. Patrick Gallagher, Jr., Chairman,
President and CEO. "I am delighted to welcome Ian and his
associates to our growing, global company."
Arthur J. Gallagher & Co.
(NYSE:AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides
these services in approximately 130 countries around the world
through its owned operations and a network of correspondent brokers
and consultants.
Investors: Ray
Iardella
|
Media: Paul
Day
|
VP - Investor
Relations
|
Communications
Manager
|
630-285-3661/ ray_iardella@ajg.com
|
630-285-5946/
paul_day1@ajg.com
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-aviation-insurance-australia-301702301.html
SOURCE Arthur J. Gallagher &
Co.