Arthur J. Gallagher & Co. Acquires Erimus Group Limited
PR Newswire
ROLLING MEADOWS, Ill. , June 28, 2022 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Erimus Group Limited ("Erimus"). Terms of the transaction were not disclosed.
Founded in 1986 and based in Tees-side, England , Erimus is an established retail insurance broker with a strong presence in the North East of England , serving a mainly regional commercial client base. Product offerings include commercial combined, business interruption, commercial property, cyber, D&O and employers liability insurance The firm, which is headed up by Paul Davison , will become part of Gallagher's UK Retail division, which serves local and national businesses across the UK. Paul will report to Elliot Miller , Regional Managing Director of Scotland , Northern Ireland and the North East.
"We are delighted to welcome the Erimus team to Gallagher. This business is a great fit with our UK retail operations and provides us with a fantastic opportunity to expand our regional presence in England ," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "We look forward to working with Paul and his colleagues to expand their service offerings."
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 130 countries around the world through its owned operations and 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.