AJG acquires Australian broker

Arthur J Gallagher has acquired Instrat Insurance Brokers located in Victoria, Australia.

Established in 1994, Instrat is an insurance broker and risk management services firm that provides retail property/casualty insurance products and services for small to middle-market commercial and individual clients.

It specialises in developing tailored group programs for franchisees, licensees, associations, tradespeople, medical professionals, martial artists and sporting clubs.

Peter Johnston, Jim Santamaria and their associates will continue to operate in their current location under the direction of Andrew Godden, head of Gallagher's Australian brokerage operation.

"With more than 20 years of experience, the Instrat team is well-regarded for its depth of insurance knowledge and strong market relationships," said J. Patrick Gallagher, chairman, president and chief executive officer.  "Their sales and marketing culture mirrors ours, and their strong niche expertise and geographic presence will be an excellent complement to our Australian operations. We are pleased to welcome Peter, Jim and their colleagues to our growing Gallagher family of professionals."