AJ Gallagher
Barbon closes Croydon HQ
Barbon Insurance Group has confirmed plans to close its Croydon head office, relocating functions and roles to new purpose built premises in Lincoln.
Talk of Expectrum shareholder action group rubbished by market insiders
Shareholders unlikely to receive payouts from Giles sale to Gallagher.
Post Intelligence – company profile: Arthur J. Gallagher & Co.
With an increasing focus on international growth, AJ Gallagher has completed a record 60 acquisitions in 2012 across all business lines with annualised revenues of $232m.
Roundtable: Fraud: Digital the time to react is now
Insurers are slowly starting to embrace a digital future. Now it’s time to grasp the nettle if the industry isn’t to be left behind.
E-Underwriting launches niche property owners product
E-trading specialists E-Underwriting has unveiled a property owners product, enhancing Power Place’s panel with a niche product.
Gallagher blames expenses for Heath Lambert's £17m 2012 pre-tax loss
Gallagher-owned broker Heath Lambert was hit by a loss of £16.9m in 2012 following increased expenses, which are likely to continue through this year.
Arthur J Gallagher files £13m pre-tax profit for 2012
Arthur J Gallagher has revealed a pre-tax profit of £13.1m for the year ending 31 December 2012 in figures filed with Companies House this week.
The Asian reinsurance story so far
The reinsurance market has great potential for growth in Asia as insurers, brokers and banks try to address a chronic deficit in insurance cover across the continent writes Andrew Tjaardstra.
Barbon names Totty CEO
Barbon Insurance Group has appointed former First Assist chief executive Martin Totty as its new CEO.
M&A surge imminent due to low interest rates and yields
PWC report predicts ‘quiet revolution’ in acquisitions.
AJG acquires Belmont International
Arthur J Gallagher has acquired passenger transport specialist Belmont International for an undisclosed sum.
Aviva names Bayles as Deakin's long-term I&P replacement
Aviva has handed the role of intermediary and partnerships director to Phil Bayles on a permanent basis.
Brightside chief questions Markerstudy's 'strange' valuation
Brightside's chief executive Martyn Holman has expressed confusion at the change in valuation that scuppered Markerstudy’s bid for the broker.
Post magazine – 11 September 2013
This week's issue of Post is now available to subscribers.
Editor's comment: What’s on your wish list?
A J Gallagher is aiming to become a top-three retail broker with its £233m acquisition of Giles, but to achieve this market commentators have said it will need to put efficiency and synergies on its wish list, as its combined operation is estimated to…
Redundancies predicted as Gallagher seeks synergies following Giles deal
Sources expect AJG to reduce number of regional offices to cut costs
Keelan Westall launches non-standard property broker team
Wholesale property broker Keelan Westall has unveiled a new non-standard broking team.
Gallagher targeting top three UK retail berth after Giles deal
The £223m purchase of Giles by US broker Arthur J Gallagher will convert the latter into one of the UK’s largest regional retail brokers according to UK commercial director Janice Deakin.
Gallagher to complete £233m Giles deal
Gallagher will snap up independent broker Giles for £233m in cash, in a deal expected to close in October.
Deakin targets commercial retail growth at Arthur J Gallagher
Arthur J Gallagher UK commercial director Janice Deakin is confident of achieving growth in the commercial retail space after describing it as “an ideal time” to be targeting business.
AJG recruits construction trio
Arthur J Gallagher has recruited a trio of construction specialists with a collective total of 50 years’ experience for its projects team.
Total Objects recruits business support pair
Software provider Total Objects has added two business support managers to its team to help bolster its business acquisition and maintenance processes.
Keelan Westall aims to double broker club membership
Keelan Westall plans to increase membership of its Prestige Broker Club by 50% over the next year, and has its sights set on brokers generating more than £150 000 gross written premium.
AJG posts rise in profit to $93.5m
Broker Arthur J Gallagher reported a group increase in profits to $93.5m [£61.4m] for the second quarter of 2013, from $71.7m in the same period of 2013. Adjusted total revenues for AJG’s brokerage segment were up 16%, base organic commission and fee…