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Arthur J. Gallagher & Co. Acquires Orb Financial Services Limited

ITASCA, Ill., Aug. 1, 2016 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Orb Financial Services Limited in Surrey, England.  Terms of the transaction were not disclosed.

Founded in 2007, Orb Financial Services (Orb) is an employee benefits consultant and broker offering a full range of employee benefits insurance and consulting services to commercial clients throughout the United Kingdom.  They specialize in group risk and healthcare coverage, workplace pension schemes and auto-enrollment, travel and dental insurance, and keyman and partnership protection for the financial services industry.  Geraint Williams and his associates will continue to operate from their Surrey location reporting through Leslie Lemenager, head of Gallagher's International employee benefit consulting and brokerage operations. 

"Orb's team is widely regarded for providing effective solutions and quality client service, which is what we look for in a new acquisition partner," said J. Patrick Gallagher, Jr., Chairman, President and CEO of Arthur J. Gallagher & Co.  "Their solid culture, similar business model and commitment to delivering the highest professional standards will be wonderful additions to our international employee benefits operations.  We are pleased to welcome Geraint and his team to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 33 countries and does business in more than 150 countries around the world through a network of correspondent brokers and consultants.

Investors:  Marsha J. Akin                                     

Media:  Linda J. Collins

Director – Investor Relations                                

VP – Corporate Communications

630-285-3501 or marsha_akin@ajg.com           

630-285-4009 or linda_collins@ajg.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-orb-financial-services-limited-300306695.html

SOURCE Arthur J. Gallagher & Co.