Gallagher is pleased to announce its merger with specialist trade credit insurance broker, Prasidium Credit Insurance (Prasidium). This merger will further enhance Gallagher's expertise and reputation in the specialised area of trade credit insurance.

Prasidium, founded in 2015 in Sydney, has grown quickly to become a national specialty trade credit broker. Prasidium's team of 17 professionals has been providing clients with flexible solutions tailored to their specific needs. Their commitment to ongoing support and advice aligns perfectly with Gallagher's vision of simplified, personalised, and effective business solutions.

"Prasidium has a strong record of growth and will enhance our trade credit capabilities in Australia," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome the Prasidium team to our growing, global company."

Prasidium, led by Mark Smith, Stuart Prendergast, Mark Browning, Paul Daniele, and their team, will join Gallagher's teams across Australia. The addition of Prasidium's specialised trade credit insurance expertise will complement Gallagher's ability to meet the unique needs of clients in Australia.

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Disclaimer

To the extent that any material in this document may be considered advice, it does not take into account your objectives, needs or financial situation. You should consider whether the advice is appropriate for you and review any relevant Product Disclosure Statement and policy wording before taking out an insurance policy. Gallagher's Financial Services Guide is available on request or can be found on our website. We attempt to ensure that the Content is current but we do not guarantee its currency. You should seek legal or other professional advice before acting or relying on any of the Content.