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    Home»Insurance»Gallagher acquires retail broker Anderson Benson
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    Gallagher acquires retail broker Anderson Benson

    Credit EnsuredBy Credit EnsuredMarch 2, 2023Updated:March 6, 2023No Comments1 Min Read
    Gallagher acquires retail broker Anderson Benson
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    Gallagher acquires retail broker Anderson Benson

    Arthur J. Gallagher & Co. has acquired the retail insurance coverage dealer and danger administration agency Anderson Benson.

    Based 2012, the Nashville, TN-based Anderson Benson has an leisure area of interest experience. The dealer additionally has specializations in hospitality, building, transportation and personal purchasers throughout the US.

    As a part of the deal, George Anderson, Reno Benson, Brent Daughrity, Steve Buzzell, Will Wright and the remainder of the Anderson Benson crew will stay of their present location, below the supervision of Gallagher head of Mid-South retail property/casualty brokerage operations Bumpy Triche.

    “Anderson Benson’s leisure market experience gives us important alternatives for progress,” stated Gallagher chairman, president and CEO J. Patrick Gallagher, Jr. “I’m delighted to welcome George, Reno, Brent, Steve, Will and their associates to Gallagher.”

    For the yr 2022, Gallagher posted net earnings of $1.1 billion (adjusted: $1.6 billion), up from $955 million in 2021. The corporate’s broking section noticed 2022 web earnings of $1.2 billion (adjusted: $1.8 billion), a rise from the earlier yr’s $1 billion. In the meantime, its danger administration section noticed web earnings of $115.8 million (adjusted: $120 million), up from 2021’s $89.5 million.

    Anderson Benson Arthur J. Gallagher & Co. insurance M&A
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