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Gallagher has acquired Melbourne-based insurance brokerage Professional Insurance Solutions, further expanding Gallagher's existing business footprint in Victoria.
Led by John Whiteside, Professional Insurance Solutions has built a thriving business over the past 15 years, with a solid record of success on the back of relationship building and entrepreneurial thinking. This well respected brokerage has developed a loyal commercial client base. The team from Professional Insurance Solutions are now part of Gallagher's 1100-strong Australian broking workforce.
In becoming a Gallagher merger partner, the business will use the Gallagher brand and gain access to a range of capabilities and services which will support great client outcomes while also enabling ongoing business growth. This includes Gallagher's industry expertise, claims advocacy, placement capabilities and access to global markets.
Sarah Lyons, Gallagher Australia Chief Executive said: "John and his team have a great reputation for client service and are a good fit for our business. They've been warmly welcomed to Gallagher by their new colleagues and I."
"Our merger activity is a great endorsement of what we have to offer new merger partners, from our culture and way of doing business to our market relationships and global capabilities."
Gallagher provides insurance, risk management and benefits consulting services for clients in response to both known and unknown risk exposures. When providing analysis and recommendations regarding potential insurance coverage, potential claims and/or operational strategy in response to national emergencies (including health crises), we do so from an insurance and/or risk management perspective, and offer broad information about risk mitigation, loss control strategy and potential claim exposures. We have prepared this commentary and other news alerts for general information purposes only and the material is not intended to be, nor should it be interpreted as, legal or client-specific risk management advice. General insurance descriptions contained herein do not include complete insurance policy definitions, terms and/or conditions, and should not be relied on for coverage interpretation. The information may not include current governmental or insurance developments, is provided without knowledge of the individual recipient's industry or specific business or coverage circumstances, and in no way reflects or promises to provide insurance coverage outcomes that only insurance carriers' control.
Insurance brokerage and related services to be provided by Arthur J. Gallagher & Co (Aus) Limited (ABN 34 005 543 920). Australian Financial Services License (AFSL) No. 238312