Arthur J. Gallagher & Co. has acquired the retail insurance coverage dealer and threat 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 staff will stay of their present location, beneath the supervision of Gallagher head of Mid-South retail property/casualty brokerage operations Bumpy Triche.
“Anderson Benson’s leisure market experience presents us vital alternatives for development,” mentioned 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 threat administration section noticed web earnings of $115.8 million (adjusted: $120 million), up from 2021’s $89.5 million.