Arthur J. Gallagher & Co. (NYSE: AJG) confirmed that it has acquired Nottingham, England-based Churchills International Consulting. Since its inception in 1974, Churchills International Consulting provides comprehensive employee advantages programs to corporate clients, with a focus on the technology sector.
Critical illness, death-in-service, group pension, income protection, private dental, and medical, health & wellness, discount & affinity, and travel insurance are among the products available. Under the guidance of Nick Burns, head of Gallagher's U.K. benefit consulting and brokerage activities, Peter Meagher and his colleagues will stay at their existing location.
On the other hand, the global insurance brokerage, risk management, and consulting services firm Arthur J. Gallagher & Co. are based in Rolling Meadows, Illinois. Through a network of affiliate brokers and consultants, the firm maintains operations in 68 countries and provides client service capabilities in more than 150 countries throughout the world.
As far as this acquisition is concerned, J. Patrick Gallagher, Jr., Chairman, President, and CEO, remarked, "Churchills is a prominent employee benefits consultancy that will enhance Gallagher's existing UK incentives and benefits capabilities in the lucrative technology sector." "I am delighted to welcome Peter Meagher and his team to our rapidly expanding worldwide organization."