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Arthur J. Gallagher & Co. Acquires BMR Insurance

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Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of BMR Insurance, a Tustin, California-based retail insurance agency. BMR Insurance, operating as Murray Gardner Insurance Agency Inc., serves commercial and personal lines clients primarily in Southern California.

The BMR team, led by Gary Arch, will maintain their current location under Scott Firestone's direction, who heads Gallagher's Southwest region retail property/casualty brokerage operations. Chairman and CEO J. Patrick Gallagher, Jr. highlighted the cultural alignment between the companies and welcomed the expansion of their retail brokerage capabilities in Southern California.

Gallagher, headquartered in Rolling Meadows, Illinois, operates as a global insurance brokerage, risk management, and consulting services firm across approximately 130 countries. Financial terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. (NYSE:AJG) ha annunciato l'acquisizione di BMR Insurance, un'agenzia di assicurazioni al dettaglio con sede a Tustin, California. BMR Insurance, operante come Murray Gardner Insurance Agency Inc., serve principalmente clienti di linee commerciali e personali nel sud della California.

Il team di BMR, guidato da Gary Arch, manterrà la propria sede attuale sotto la direzione di Scott Firestone, che dirige le operazioni di intermediazione assicurativa nel settore retail della regione sud-occidentale di Gallagher. Il presidente e CEO J. Patrick Gallagher, Jr. ha sottolineato l'allineamento culturale tra le aziende e ha accolto con favore l'espansione delle loro capacità di intermediazione al dettaglio nel sud della California.

Gallagher, con sede a Rolling Meadows, Illinois, opera come un'agenzia di intermediazione assicurativa globale, gestione del rischio e società di servizi di consulenza in circa 130 paesi. I termini finanziari della transazione non sono stati resi noti.

Arthur J. Gallagher & Co. (NYSE:AJG) ha anunciado la adquisición de BMR Insurance, una agencia de seguros al por menor con sede en Tustin, California. BMR Insurance, que opera como Murray Gardner Insurance Agency Inc., atiende principalmente a clientes de líneas comerciales y personales en el sur de California.

El equipo de BMR, liderado por Gary Arch, mantendrá su ubicación actual bajo la dirección de Scott Firestone, quien encabeza las operaciones de corretaje de propiedad/daños al por menor de Gallagher en la región suroeste. El presidente y CEO J. Patrick Gallagher, Jr. destacó la alineación cultural entre las compañías y dio la bienvenida a la expansión de sus capacidades de corretaje al por menor en el sur de California.

Gallagher, con sede en Rolling Meadows, Illinois, opera como una correduría de seguros global, gestión de riesgos y firma de servicios de consultoría en aproximadamente 130 países. Los términos financieros de la transacción no fueron divulgados.

아서 J. 갤러거 & 컴퍼니 (NYSE:AJG)는 캘리포니아주 터스틴에 본사를 둔 소매 보험 에이전시인 BMR 보험의 인수를 발표했습니다. BMR 보험은 머레이 가드너 보험 에이전시 인크.로 운영되며, 주로 남부 캘리포니아의 상업 및 개인 고객을 서비스합니다.

가리 아치가 이끄는 BMR 팀은 스콧 파이어스톤의 지휘 아래 현재 위치를 유지할 예정이며, 그는 갤러거의 남서부 지역 소매 재산/상해 중개 운영을 담당하고 있습니다. 회장 겸 CEO인 J. 패트릭 갤러거 주니어는 두 회사 간의 문화적 일치를 강조하고, 남부 캘리포니아에서의 소매 중개 능력 확장을 환영했습니다.

갤러거는 일리노이주 롤링 메도우에 본사를 두고 있으며, 전 세계 약 130개국에서 글로벌 보험 중개, 위험 관리 및 컨설팅 서비스 업체로 운영됩니다. 거래의 재무 조건은 공개되지 않았습니다.

Arthur J. Gallagher & Co. (NYSE:AJG) a annoncé l'acquisition de BMR Insurance, une agence d'assurance au détail basée à Tustin, en Californie. BMR Insurance, opérant sous le nom de Murray Gardner Insurance Agency Inc., sert principalement des clients de lignes commerciales et personnelles dans le sud de la Californie.

L'équipe de BMR, dirigée par Gary Arch, maintiendra son emplacement actuel sous la direction de Scott Firestone, qui dirige les opérations de courtage en assurance de biens et de responsabilité de Gallagher dans la région sud-ouest. Le président et PDG J. Patrick Gallagher, Jr. a souligné l'alignement culturel entre les entreprises et a salué l'expansion de leurs capacités de courtage au détail dans le sud de la Californie.

Gallagher, dont le siège est à Rolling Meadows, dans l'Illinois, agit en tant que courtier d'assurance mondial, société de gestion des risques et de services de conseil dans environ 130 pays. Les conditions financières de la transaction n'ont pas été divulguées.

Arthur J. Gallagher & Co. (NYSE:AJG) hat die Akquisition von BMR Insurance, einer Einzelhandelsversicherungsagentur mit Sitz in Tustin, Kalifornien, bekannt gegeben. BMR Insurance, das als Murray Gardner Insurance Agency Inc. tätig ist, bedient hauptsächlich gewerbliche und private Kunden in Südkalifornien.

Das BMR-Team, das von Gary Arch geleitet wird, wird seinen aktuellen Standort unter der Leitung von Scott Firestone beibehalten, der die Einzelhandels-Property/Casualty-Brokerage-Operationen von Gallagher in der Südwestregion leitet. Der Vorsitzende und CEO J. Patrick Gallagher, Jr. hob die kulturelle Übereinstimmung zwischen den Unternehmen hervor und begrüßte die Erweiterung ihrer Einzelhandelsbrokerage-Fähigkeiten in Südkalifornien.

Gallagher hat seinen Hauptsitz in Rolling Meadows, Illinois, und fungiert als globale Versicherungsmakler-, Risikomanagement- und Beratungsfirma in etwa 130 Ländern. Die finanziellen Details der Transaktion wurden nicht bekannt gegeben.

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ROLLING MEADOWS, Ill., Dec. 27, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Terms of the transaction were not disclosed.

BMR Insurance is a retail insurance agency serving commercial and personal lines clients primarily across Southern California. Gary Arch 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.

"BMR Insurance has a culture like our own and will expand our retail brokerage capabilities in Southern California," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Gary 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 is the strategic importance of AJG's acquisition of BMR Insurance?

The acquisition expands AJG's retail brokerage capabilities in Southern California and adds a culturally aligned team to their operations, strengthening their market presence in the region.

Where will BMR Insurance's operations be integrated within AJG's structure?

BMR Insurance's team will remain in their Tustin, California location, operating under Scott Firestone, who leads AJG's Southwest region retail property/casualty brokerage operations.

What is BMR Insurance's primary market focus?

BMR Insurance primarily serves commercial and personal lines clients across Southern California as a retail insurance agency.

How many countries does AJG operate in after the BMR Insurance acquisition?

AJG operates in approximately 130 countries through its owned operations and a network of correspondent brokers and consultants.

When did AJG announce the acquisition of BMR Insurance?

AJG announced the acquisition of BMR Insurance on December 27, 2024.

Arthur J. Gallagher & Co.

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