Arthur J. Gallagher & Co. Acquires Global Financial Brokers Limited and Total Benefits Specialists Limited
PR Newswire
ROLLING MEADOWS, Ill. , Dec. 7, 2022 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Port of Spain, Trinidad and Tobago -based Global Financial Brokers Limited and its affiliate Total Benefits Specialists Limited. Terms of the transaction were not disclosed.
Founded in 1995, Global Financial Brokers Limited is a retail insurance broker offering group health, life, pension and wellness solutions for clients in Trinidad and Tobago . Affiliate company Total Benefits Specialists Limited, founded in 2010, is an employee benefits consultancy firm. Sandra Chin Yuen Kee , Michelle Alonzo , Jeremy Lee , Quentin Thomas and their team will remain in their current location under the direction of Michael Thornhill , Group CEO, Gallagher Caribbean .
"Global Financial Brokers' strong client focus will help expand our presence and growth opportunities in the Caribbean," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am delighted to welcome Sandra, Michelle, Jeremy, Quentin and their team 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.
Investors: Ray Iardella | Media: Paul Day |
VP - Investor Relations | Communications Manager |
630-285-3661 / ray_iardella@ajg.com | 630-285-5946/ paul_day1@ajg.com |
SOURCE Arthur J. Gallagher & Co.