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Arthur J. Gallagher & Co. Acquires Encore Group

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Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Encore Insurance Services Inc. (Encore Group), a Waterloo, Ontario-based retail insurance brokerage firm. The acquired company specializes in serving commercial clients in Ontario, with particular focus on manufacturing, construction, and financial institutions sectors.

Following the acquisition, Encore Group's leadership team, including Joe Dalton and Scott Heaman, will continue operating from their current location under Dave Partington's direction, who heads Gallagher's Canadian retail property/casualty brokerage operations.

While the financial terms remain undisclosed, this strategic acquisition aligns with Gallagher's expansion in Canada, complementing their existing retail brokerage capabilities. As a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois, Gallagher maintains operations in approximately 130 countries worldwide through owned operations and correspondent networks.

Arthur J. Gallagher & Co. (NYSE:AJG) ha annunciato l'acquisizione di Encore Insurance Services Inc. (Encore Group), una società di intermediazione assicurativa retail con sede a Waterloo, Ontario. L'azienda acquisita si specializza nel servire clienti commerciali in Ontario, con particolare attenzione ai settori della manifattura, costruzione e istituzioni finanziarie.

Dopo l'acquisizione, il team dirigenziale di Encore Group, compresi Joe Dalton e Scott Heaman, continuerà a operare dalla loro attuale sede sotto la direzione di Dave Partington, che guida le operazioni di intermediazione assicurativa retail di Gallagher in Canada.

Sebbene i termini finanziari rimangano riservati, questa acquisizione strategica si allinea con l'espansione di Gallagher in Canada, completando le loro capacità di intermediazione retail esistenti. Come broker assicurativo globale, specializzato nella gestione dei rischi e nei servizi di consulenza con sede a Rolling Meadows, Illinois, Gallagher mantiene operazioni in circa 130 paesi in tutto il mondo attraverso operazioni di proprietà e reti corrispondenti.

Arthur J. Gallagher & Co. (NYSE:AJG) ha anunciado la adquisición de Encore Insurance Services Inc. (Encore Group), una firma de corretaje de seguros minorista con sede en Waterloo, Ontario. La empresa adquirida se especializa en atender a clientes comerciales en Ontario, con un enfoque particular en los sectores de fabricación, construcción e instituciones financieras.

Tras la adquisición, el equipo de liderazgo de Encore Group, incluidos Joe Dalton y Scott Heaman, continuará operando desde su ubicación actual bajo la dirección de Dave Partington, quien lidera las operaciones de corretaje de propiedad/daños minoristas de Gallagher en Canadá.

Aunque los términos financieros no se han revelado, esta adquisición estratégica se alinea con la expansión de Gallagher en Canadá, complementando sus capacidades de corretaje minorista existentes. Como un corredor de seguros global, firma de gestión de riesgos y servicios de consultoría con sede en Rolling Meadows, Illinois, Gallagher mantiene operaciones en aproximadamente 130 países en todo el mundo a través de operaciones propias y redes de corresponsales.

아서 J. 갤러거 & Co. (NYSE:AJG)는 온타리오주 워털루에 본사를 둔 소매 보험 중개 회사인 Encore Insurance Services Inc. (Encore Group)을 인수했다고 발표했습니다. 인수된 회사는 온타리오 지역의 상업 고객을 대상으로 제조, 건설 및 금융 기관 부문에 특히 중점을 두고 서비스를 제공합니다.

인수 후 Encore Group의 리더십 팀인 Joe Dalton과 Scott Heaman은 현재 위치에서 운영을 계속하며, Gallagher의 캐나다 소매 재산/상해 중개 사업을 이끄는 Dave Partington의 감독을 받습니다.

재정적 조건은 공개되지 않았지만, 이번 전략적 인수는 캐나다에서의 Gallagher의 확장과 일치하며 기존의 소매 중개 능력을 보완합니다. 일리노이주 롤링 메도우즈에 본사를 둔 글로벌 보험 중개, 리스크 관리 및 컨설팅 서비스 회사로서 Gallagher는 전 세계 약 130개국에서 자회사 및 제휴 네트워크를 통해 운영되고 있습니다.

Arthur J. Gallagher & Co. (NYSE:AJG) a annoncé l'acquisition de Encore Insurance Services Inc. (Encore Group), un cabinet de courtage d'assurance de détail basé à Waterloo, Ontario. L'entreprise acquise se spécialise dans le service des clients commerciaux en Ontario, avec un accent particulier sur les secteurs de la fabrication, de la construction et des institutions financières.

Suite à l'acquisition, l'équipe de direction d'Encore Group, y compris Joe Dalton et Scott Heaman, continuera à opérer depuis leur emplacement actuel sous la direction de Dave Partington, qui dirige les opérations de courtage en assurance de biens/risques de Gallagher au Canada.

Bien que les modalités financières demeurent confidentielles, cette acquisition stratégique s'inscrit dans l'expansion de Gallagher au Canada et complète ses capacités de courtage de détail existantes. En tant que courtier d'assurance mondial, entreprise de gestion des risques et de services de conseil ayant son siège à Rolling Meadows, dans l'Illinois, Gallagher maintient des opérations dans environ 130 pays à travers le monde grâce à des opérations propres et des réseaux de correspondants.

Arthur J. Gallagher & Co. (NYSE:AJG) hat die Übernahme von Encore Insurance Services Inc. (Encore Group) angekündigt, einer Einzelhandelsversicherungsmaklerfirma mit Sitz in Waterloo, Ontario. Das übernommene Unternehmen hat sich darauf spezialisiert, gewerbliche Kunden in Ontario zu bedienen, wobei ein besonderer Fokus auf den Bereichen Maschinenbau, Bau und Finanzinstitutionen liegt.

Nach der Übernahme wird das Führungsteam von Encore Group, einschließlich Joe Dalton und Scott Heaman, weiterhin von seinem derzeitigen Standort aus unter der Leitung von Dave Partington arbeiten, der die Einzelhandelsversicherungsgeschäfte von Gallagher in Kanada leitet.

Obwohl die finanziellen Bedingungen nicht offengelegt wurden, passt diese strategische Übernahme zur Expansion von Gallagher in Kanada und ergänzt die bestehenden Einzelhandelsmaklerfähigkeiten. Als globaler Versicherungsmakler, Risikomanagement- und Beratungsdienstleister mit Hauptsitz in Rolling Meadows, Illinois, unterhält Gallagher Betriebsstätten in etwa 130 Ländern weltweit durch eigene Betriebe und Korrespondenznetze.

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ROLLING MEADOWS, Ill., Jan. 6, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., dba Encore Group. Terms of the transaction were not disclosed.

Encore Group is a retail insurance brokerage firm serving commercial clients primarily in Ontario with industry focuses of manufacturing, construction and financial institutions. Joe Dalton, Scott Heaman and their team will remain in their current location under the direction of Dave Partington, head of Gallagher's Canadian retail property/casualty brokerage operations.

"Encore Group is a highly regarded firm whose expertise complements our existing retail brokerage capabilities in Canada," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am excited to welcome Joe, Scott and their 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

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-encore-group-302342042.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What are the key details of AJG's acquisition of Encore Group in January 2025?

Arthur J. Gallagher acquired Waterloo, Ontario-based Encore Insurance Services Inc. (Encore Group), a retail insurance brokerage firm specializing in commercial clients, particularly in manufacturing, construction, and financial institutions sectors. The deal's financial terms were not disclosed.

How will Encore Group's management structure change after the AJG acquisition?

Encore Group's leadership team, including Joe Dalton and Scott Heaman, will remain in their current location, operating under Dave Partington, who heads Gallagher's Canadian retail property/casualty brokerage operations.

What markets does Encore Group serve in Ontario?

Encore Group primarily serves commercial clients in Ontario, with specific industry focuses on manufacturing, construction, and financial institutions sectors.

How does the Encore Group acquisition expand AJG's Canadian presence?

The acquisition complements Gallagher's existing retail brokerage capabilities in Canada, strengthening their presence in the Ontario market and adding expertise in key commercial sectors.

What is AJG's current global operational footprint as of 2025?

Arthur J. Gallagher & Co. operates in approximately 130 countries worldwide through its owned operations and a network of correspondent brokers and consultants.

Arthur J. Gallagher & Co.

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