AJG acquires aviation broker

Arthur J Gallagher (AJG) has acquired Illinois broker NationAir Aviation Insurance.

Founded in 1978, NationAir is a retail insurance broker offering commercial property/casualty and risk management insurance services specifically for the aviation industry.

It provides insurance for the entire spectrum of aircraft owners and operations worldwide and specialises in corporate, commercial, private and public entity coverages.

Jeffrey Bauer and his associates will continue to operate in Illinois under the direction of Michael Pesch, head of Gallagher's Midwest region retail property/casualty brokerage operation.

"NationAir is highly-regarded for its level of aviation experience, quality client service, and outstanding market relationships," said J Patrick Gallagher, Jr, chairman, president and chief executive officer.

"NationAir's aviation expertise and international reach will help expand our global client capabilities.  They will be a terrific addition to our Midwest region and aviation group, and we are extremely pleased to welcome Jeff and his colleagues to our growing Gallagher family of professionals,” he said.