Gallagher Australia acquires Sound Insurance Services
Published 02 December 2021
We’re pleased to announce a new addition to the Gallagher Australian broking family, Sound Insurance Services.
“Sound Insurance is a well-regarded broker with a strong growth record that will enhance our capabilities in Melbourne, particularly in the small corporate and mid-market segment,” said J. Patrick Gallagher, Jr, Chairman, President and CEO of Gallagher.
“I am delighted to welcome Simon, Morris, Daniel, Mark and their associates to our growing, global team.”
A sound addition to our brokering expertise
Based in Caulfield, Victoria, Sound was founded in 2011 by Simon Feldman and Morris Alessi and has expertise in retail property/casualty insurance broking services. Sound partners with small and mid-market corporate clients in the Melbourne central business district and Victoria from its primary office in Caulfield and a smaller office in the Docklands.
In line with the Gallagher policy of retaining key talents and the business identity of its acquisitions, Feldman, Alessi, Daniel Winkel, Mark O’Sullivan and their associates will continue to operate from their Caulfield location under the direction of Gallagher Australia Chief Executive, Sarah Lyons.
Founded by Arthur Gallagher in Chicago in 1927, Gallagher has grown to become one of the largest insurance brokerage, risk management and human capital consultancy companies in the world. With significant reach internationally, the group employs over 32,000 people and its global network provides services in more than 150 countries.
Gallagher has a long and successful history of managing complex risk programs for businesses of all sizes and types. We are the chosen partner to more than 100,000 Australian businesses, from small companies through to multinational corporations. Our network of 30+ branches across regional and metropolitan business hubs affords us a local perspective backed by international connections to help achieve optimum outcomes for our clients.
Gallagher provides insurance, risk management and benefits consulting services for clients in response to both known and unknown risk exposures. When providing analysis and recommendations regarding potential insurance coverage, potential claims and/or operational strategy in response to national emergencies (including health crises), we do so from an insurance and/or risk management perspective.