Arthur J. Gallagher & Co. Acquires Keaney Insurance Brokers Ltd

Rhea-AI Summary

Arthur J. Gallagher & Co. has acquired Keaney Insurance Brokers Ltd, a commercial insurance broker based in Dublin, Ireland. The terms of the transaction were not disclosed. Keaney provides insurance and risk management solutions to businesses across Ireland. Terry Keaney and his team will continue to operate under the direction of Ronan Foley, head of Gallagher's insurance brokerage operations in Ireland.

Positive

• The acquisition of Keaney Insurance Brokers Ltd strengthens Arthur J. Gallagher & Co.'s capabilities in Ireland.
• Keaney's strong client service and market expertise make it an excellent strategic fit for Gallagher.
• The acquisition expands Gallagher's growing, global team.

Negative

• None.

ROLLING MEADOWS, Ill., Nov. 6, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd (Keaney). Terms of the transaction were not disclosed.

Keaney is a commercial insurance broker that supports businesses across Ireland with insurance and risk management solutions. Terry Keaney and his team will remain in their current location under the direction of Ronan Foley, head of Gallagher's insurance brokerage operations in Ireland.

"Keaney's strong client service and market expertise are an excellent strategic fit as we continue to expand our capabilities in Ireland," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Terry 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	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. acquire?

Arthur J. Gallagher & Co. acquired Keaney Insurance Brokers Ltd, a commercial insurance broker based in Dublin, Ireland.

Who will lead Keaney Insurance Brokers Ltd after the acquisition?

Terry Keaney and his team will continue to operate under the direction of Ronan Foley, head of Gallagher's insurance brokerage operations in Ireland.

Where is Arthur J. Gallagher & Co. headquartered?

Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Illinois.

What services does Gallagher provide?

Gallagher is a global insurance brokerage, risk management, and consulting services firm that operates in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.