Arthur J. Gallagher & Co. Acquires Wigmore Insurance Agency, Inc.

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Wigmore Insurance Agency, Inc., a retail insurance broker based in Costa Mesa, California. The terms of the transaction were not disclosed. The acquisition is expected to provide significant cross-selling opportunities for Gallagher. Tim Wigmore and his team will continue to operate under the leadership of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

ROLLING MEADOWS, Ill., Aug. 8, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Costa Mesa, California-based Wigmore Insurance Agency, Inc. Terms of the transaction were not disclosed.

Wigmore is retail insurance broker providing a comprehensive range of commercial and personal insurance services to clients throughout Southern California. Tim Wigmore and his team will remain in their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

"Wigmore is a culturally aligned business with an excellent local reputation that offers us significant cross-selling opportunities," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Tim 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

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-wigmore-insurance-agency-inc-301895453.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What did Arthur J. Gallagher & Co. announce?

Arthur J. Gallagher & Co. announced the acquisition of Wigmore Insurance Agency, Inc.

Where is Wigmore Insurance Agency, Inc. based?

Wigmore Insurance Agency, Inc. is based in Costa Mesa, California.

Who will lead Wigmore Insurance Agency, Inc. after the acquisition?

Tim Wigmore and his team will continue to operate under the leadership of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

What are the contact details for investors and media inquiries?

Investors can contact Ray Iardella, VP - Investor Relations at 630-285-3661 or email ray_iardella@ajg.com. Media inquiries can be directed to Paul Day, Communications Manager at 630-285-5946 or email paul_day1@ajg.com.