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Arthur J. Gallagher and Co. Acquires Canadian Insurance Broker Jones Brown
Friday 11 January 2019

11 January 2019 - US-based insurance brokerage, risk management and consulting services firm Arthur J. Gallagher and Co. has acquired Canadian insurance broker Jones Brown Inc. and its subsidiaries, the firm said.

Terms of the transaction were not disclosed.

Founded in 1997, Jones Brown is a retail property/casualty insurance broker offering a full range of commercial and personal insurance services throughout Canada from offices in Toronto and Hamilton, Ontario; Calgary, Alberta; and Vancouver, British Columbia.

The Jones Brown team will continue to operate from their existing locations under the direction of Steve Bryant, president of Gallagher's Canadian retail property/casualty brokerage operations.

Arthur J. Gallagher, a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. 

The company has operations in 35 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Details
Date Published: 11/01/2019
Target: Jones Brown Inc. and its subsidiaries
Country: Canada
Sector: Insurance
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Arthur J. Gallagher and Co
Comment:
Terms of the deal were not disclosed

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