Acquired crew stays intact, reporting to Artex’s North American operations
Arthur J. Gallagher & Co has introduced the acquisition of RIBV Holdings, LLC, and its subsidiaries, collectively referred to as Danger Worldwide.
The Ohio-based firm, which supplies outsourced danger administration and worker advantages advisory companies, serves personal fairness and company purchasers throughout the US. Phrases of the transaction weren’t disclosed.
Danger Worldwide’s management crew, together with Todd Miller and Todd Lawrence (pictured above), will stay of their present roles and site, reporting to Jennifer Gallagher, head of Artex’s North American operations. Artex is Gallagher’s various danger and capital options subsidiary.
J. Patrick Gallagher, Jr., chairman and CEO of Arthur J. Gallagher & Co., mentioned that Danger Worldwide’s advisory companies and consumer relationships align effectively with Artex’s strategic targets, presenting progress alternatives.
“I’m excited to welcome the Danger Worldwide crew to our rising Gallagher household of pros,” he mentioned.
In July, Gallagher additionally introduced the acquisition of Cleary Advantages Group Inc., a well being and advantages consulting agency primarily based in Danbury, Conn. Just like the Danger Worldwide deal, phrases of the transaction weren’t disclosed.
Cleary Advantages Group supplies consulting companies to mid-size and huge industrial purchasers. Brian Cleary, Heather Katz, and their crew will stay of their present positions, reporting to Scott Sherman, head of Gallagher’s Northeast area worker advantages consulting and brokerage operations.
Exterior of its acquisitions, the corporate additionally just lately expanded its mining and heavy {industry} efforts with the addition of Bruce Dettling as international head for the sector, a newly established position.
Dettling will formally be part of Gallagher in November and can report back to Malcolm Payton, CEO of property and casualty insurance coverage options and head of worldwide fac at Gallagher Specialty.
Gallagher highlighted that its mining and heavy {industry} sector specialists present help to corporations of all sizes with their operations, tasks, and investments worldwide.
The mining sector faces a wide range of dangers, together with pure catastrophes, equipment breakdowns, environmental and transportation hazards, and monetary dangers. Gallagher’s consumer base spans 25 completely different commodities, and the crew affords in depth industry-specific experience.
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