Gallagher strengthens US portfolio with two new acquisitions
Global re/insurance broker Arthur J Gallagher has further expanded its presence in the US with two new acquisitions.
Gallagher has acquired Oregon-based Evergreen Insurance Managers and Denver, Colorado-based Denver Agency.
Founded in 2006, Evergreen is a wholesale insurance broker and managing general agency offering commercial insurance solutions for a wide variety of industries. The team serves clients throughout the Pacific Northwest. Dyan Bates, Nancy Schultz and their associates will remain in their current location under the direction of Kevin Doyle, VP-Western Region & Chicago for Risk Placement Services, Inc. (RPS).
Denver is a personal lines-focused insurance agency that specialises in serving high-net-worth and ultra-high-net-worth clients throughout the US. The agency also offers commercial property/casualty solutions for those clients. Eric Gordon, Chip McKeever, Katy Hyman Roth and their team will continue to operate from their current location under the direction of Jeff Saunders, head of Gallagher's US personal lines business, and Jay Eshelman, head of Gallagher Select, its US property/casualty operations for small businesses.
J. Patrick Gallagher, Jr., chairman, president and CEO of Gallagher, said: "The Evergreen team expands RPS's presence into the greater Portland market and offers us new growth opportunities in the Pacific Northwest. Their client-first philosophy complements our own, and I am delighted to welcome Dyan, Nancy and their associates to our growing global company.
"Denver Agency is a leading private client brokerage that is highly regarded across the U.S. because of their thought leadership, the experience of their team and their hospitality approach. Their focus complements our other lines of business and offers us additional cross-selling opportunities. I'm delighted to welcome Eric, Chip, Katy and their team to Gallagher."
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