Arthur J. Gallagher Acquires New Zealand-Based Albany Insurance Services
Arthur J. Gallagher & Co., a global insurance brokerage and risk management firm, has acquired Albany Insurance Services Limited (Albany Insurance), a retail insurance broker based in New Zealand that serves commercial and personal lines clients primarily in the Auckland and Canterbury regions. The acquisition is expected to strengthen Gallagher's presence in New Zealand by leveraging Albany Insurance’s market expertise and client-focused approach. The team at Albany, led by Jeremy Bleakley, will be integrated into Gallagher's operations under Carl O'Shea, who oversees retail brokerage activities for Gallagher in the region. J. Patrick Gallagher Jr., Chairman and CEO of Arthur J. Gallagher & Co., expressed enthusiasm about expanding their capabilities through this strategic move. Arthur J. Gallagher operates across approximately 130 countries via owned entities and a network of brokers and consultants.
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Topics: Insurance Industry M&A