ROLLING
MEADOWS, Ill., May 15, 2023
/PRNewswire/ -- Arthur J. Gallagher
& Co. today announced the acquisition of Perth, Western
Australia-based Mavco Insurance Group. Terms of the
transaction were not disclosed.
Mavco is a general insurance broker and risk management firm
serving corporate clients throughout Australia and internationally. Mavco's areas
of expertise include construction, health, engineering, mining and
financial services. Jonathan Winter,
Daniel Waters, Stephen Hughes, Rodney
Aylmore and their team will relocate to Gallagher's
Perth and Adelaide offices under the direction of
Sarah Lyons, head of retail
property/casualty brokerage operations for Gallagher in
Australia.
"Mavco has an excellent record of growth and client-focused
service, and their market expertise will expand our capabilities in
the region," said J. Patrick Gallagher,
Jr., Chairman, President and CEO. "I am very pleased to
welcome Jonathan, Daniel, Stephen, Rodney and their associates to
our growing, global team."
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, VP - Investor Relations
|
Media: Paul Day,
Communications Manager
|
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630-285-3661/
ray_iardella@ajg.com
|
630-285-5946/
paul_day1@ajg.com
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SOURCE Arthur J. Gallagher &
Co.