Arthur J. Gallagher & Co. Acquires Atlas General Insurance Services
PR Newswire
ROLLING MEADOWS, Ill. , Jan. 19, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of San Diego -based Atlas General Holdings, LLC, dba Atlas General Insurance Services ("Atlas"). Terms of the transaction were not disclosed.
Founded in 2009 by Bill Trzos , Atlas is a full-service, multiline program manager and managing general agency (MGA) offering workers compensation, commercial lines and specialty property programs nationwide, with deep expertise in the California workers compensation market. Mike Mathews , Charles Lasher and their associates will remain in their current location under the direction of Joel Cavaness , president of Risk Placement Services, Inc. (RPS), Gallagher's U.S.-based wholesale brokerage division.
"Atlas is a highly-regarded program administrator that brings RPS deep market expertise, a complementary book of business and a best-in-class workers comp platform," said J. Patrick Gallagher, Jr. , Chairman, President and CEO of Gallagher. "We are delighted to welcome Mike, Charles and their associates to our growing global team."
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 49 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Investors: Ray Iardella | Media: Linda J. Collins |
VP – Investor Relations | VP – Corporate Communications |
630-285-3661/ ray_iardella@ajg.com | 630-285-4009/ linda_collins@ajg.com |
SOURCE Arthur J. Gallagher & Co.