Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom, which are all part of the Boston Marks Group.
Terms of the transaction were not disclosed.
Founded in 1985 as an independent insurance and reinsurance broker for the aviation industry, Boston Marks Group offers retail property / accident brokerage services for a wide range of government, commercial and private aviation and aviation clients from Auckland and Papakura offices in New Zealand; Gold Coast, Queensland and Perth, Australia in Western Australia and London, UK.
Boston Marks Insurance Brokers began in 1985 in New Zealand.
Pat McLaughlan and their partnership in New Zealand will continue to move from their current position under the leadership of New Zealand CEO Carl O CarlShea. Damian Hooper and her Australian affiliates will now continue to work under Paul Harvey, managing director of Specialisms. Phil Stafford and his colleagues will join Gallagher’s London office in the management of Mark Walters, executive director of Aviation.
Or The highly exclusive offer of Boston Marks extends our international intermediary capabilities, especially in the Australian and New Zealand markets, especially in the aviation industry, “he says. President, President and CEO J. Patrick Gallagher. ”I am excited to welcome Pat, Damian, Phil and business partners from the growing Gallagher family to the professionals.“
, Perfect choice for Boston Marks, Gallagher; They have fantastic people and are a strong global player in the expert aviation insurance market. Gallagher has a history of growth in specialist sectors and Boston Marks will make a significant contribution to our global aviation capacity, uzman said Steve Lockwood, general manager of Gallagher Australia and New Zealand.
Arthur J. Gallagher & Co. operates in 35 countries and offers customer service capability through a network of correspondent brokers and consultants in more than 150 countries worldwide.
Legal warning !
The information, comments and suggestions there are not covered by investment advice. It is based on the author's personal opinions. These views may not fit your financial situation and risk and return preferences. For this reason, based solely on this information, investment decisions may not have the appropriate consequences for your expectation. Our Site is not responsible for any direct or indirect damages incurred by the investors as a result of the use of the information on the Site, deficiencies in the sources, damages incurred by profit, moral damages, or damage to third parties.