ROLLING
MEADOWS, Ill., June 24,
2024 /PRNewswire/ -- Arthur J. Gallagher &
Co. today announced that its captive and alternative risk transfer
solutions subsidiary, Artex, has acquired London-based Implement Compliance Solutions
& Resources Limited (ICSR). Terms of the transaction were not
disclosed.
ICSR provides consulting and support services on compliance,
governance, risk and operations to insurance firms primarily in the
United Kingdom. Kenneth Underhill and his team will remain in
their current location under the direction of Paul Eaton, head
of Artex EMEA.
"ICSR represents an excellent strategic fit for Artex and will
strengthen our capabilities in serving clients undergoing
regulatory and transformational change," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am
excited to welcome Kenneth 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.