Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd.
Terms of the transaction were not disclosed.
Keaney is a commercial insurance broker that supports businesses across Ireland with insurance and risk management solutions. Terry Keaney and his team will remain in their current location under the direction of Ronan Foley, head of Gallagher’s insurance brokerage operations in Ireland.
“Keaney’s strong client service and market expertise are an excellent strategic fit as we continue to expand our capabilities in Ireland,” said J. Patrick Gallagher Jr., chairman, president and CEO. “I am very pleased to welcome Terry and his associates to our growing, global team.”
Arthur J. Gallagher & Co. operates in approximately 130 countries through its owned operations and a network of correspondent brokers and consultants.
Source : Insurancejournal