Arthur J. Gallagher & Co. Acquires Edgar Insurance Brokers

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Arthur J. Gallagher & Co. (NYSE:AJG) announced the acquisition of Edgar Insurance Brokers, a Victoria-based company specializing in commercial insurance products and services in Australia. The terms of the transaction were not disclosed. The acquisition aims to enhance Gallagher's capabilities in Australia, particularly in rural and farm, hospitality, transport, and trades sectors. Shannon Edgar and his team will continue operations under the direction of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia and Asia.

ROLLING MEADOWS, Ill., Nov. 13, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not disclosed.

Edgar Insurance Brokers provides commercial insurance products and services in Australia with a client focus of rural and farm, hospitality, transport and trades. Shannon Edgar and his team will remain in their current location under the direction of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia and Asia.

"Edgar Insurance Brokers is a third-generation family business with a strong culture whose client relationships and expertise will enhance our capabilities in Australia," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Shannon and his associates to Gallagher."

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
630-285-3661/ ray_iardella@ajg.com	630-285-5946/ paul_day1@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What did Arthur J. Gallagher & Co. announce?

Arthur J. Gallagher & Co. announced the acquisition of Edgar Insurance Brokers.

Where is Edgar Insurance Brokers based?

Edgar Insurance Brokers is based in Cobram, Victoria, Australia.

What are the client focuses of Edgar Insurance Brokers?

Edgar Insurance Brokers focuses on rural and farm, hospitality, transport, and trades sectors.

Who will lead Edgar Insurance Brokers under Gallagher?

Shannon Edgar and his team will continue operations under the direction of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia and Asia.