Arthur J Gallagher, the specialist and commercial insurer, has acquired Australian broker Strathearn Insurance Group.
Strathearn provides commercial insurance and risk management services to mid-market and larger clients with complex insurance needs.
Paul Harvey, director and chief executive officer (CEO) of Strathearn, and his associates will continue to operate from their current locations under the direction of Andrew Godden, head of Gallagher's Australian insurance brokerage operation.
"Over the past 24 months, Gallagher has partnered with a number of outstanding acquisitions in Australia that had similar cultures and strategic growth goals. With their broad range of insurance broker capabilities particularly in servicing complex risks, Strathearn's team is another wonderful match for us," said J Patrick Gallagher, chairman, president and CEO.
"We are excited about completing this transaction and look forward to welcoming Paul and his colleagues to our growing Gallagher family of professionals."