ROLLING
MEADOWS, Ill., May 17, 2023
/PRNewswire/ -- Arthur J. Gallagher
& Co. today announced that its captive and alternative risk
transfer solutions subsidiary, Artex Risk Solutions, Inc., has
acquired Dublin, Ireland-based
Allied Risk Management. Terms of the transaction were not
disclosed.
Allied Risk provides insurance and reinsurance management
services as well as actuarial services to clients globally.
Frank Coyle and his team will remain
in their current location under the direction of Paul Eaton, head of Artex International.
"Allied Risk is a highly respected company that will enhance
Artex's insurance management and actuarial capabilities," said J.
Patrick Gallagher, Jr., Chairman,
President and CEO. "I am very pleased to welcome Frank and his
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
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Media: Paul Day,
Communications Manager
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630-285-3661/
ray_iardella@ajg.com
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630-285-5946/
paul_day1@ajg.com
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SOURCE Arthur J. Gallagher &
Co.