Arthur J. Gallagher & Co. Acquires Viking Bond Service, Inc.

PR Newswire

ROLLING MEADOWS, Ill. , March 21, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Phoenix, Arizona -based Viking Bond Service, Inc. Terms of the transaction were not disclosed.

Founded in 2002, Viking Bond Service is a surety bond agency specializing in commercial, contract and fidelity bonds for clients across the United States . Tom Buckner , Bill Belpedio and their team will operate under the direction of Kevin Garvin , head of Affinity North America for Gallagher's retail property/casualty brokerage operations.

"Viking Bond Service complements our existing surety offerings and deepens our expertise in this market," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am very pleased to welcome Tom, Bill and their associates to Gallagher."

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.

SOURCE Arthur J. Gallagher & Co.