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16 May 2023Insurance

Gallagher acquires Australian broker

Global re/insurance broker  Arthur J. Gallagher has acquired an Australian general insurance broker and risk management firm to expand its capabilities in the region.

Gallagher has bought Perth, Western Australia-based Mavco Insurance Group, which serves corporate clients throughout Australia and internationally.

Mavco's areas of expertise include construction, health, engineering, mining and financial services.

Jonathan Winter, Daniel Waters, Stephen Hughes, Rodney Aylmore and their team will relocate to Gallagher's Perth and Adelaide offices under the direction of Sarah Lyons, head of retail property/casualty brokerage operations for Gallagher in Australia.

"Mavco has an excellent record of growth and client-focused service, and their market expertise will expand our capabilities in the region," said J. Patrick Gallagher, Jr., chairman, president and CEO. "I am very pleased to welcome Jonathan, Daniel, Stephen, Rodney and their associates to our growing, global team."

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