Gallagher today announced the acquisition of Torquay-based insurance brokerage National Insurance Group. In joining the Gallagher family, the business will use the Gallagher brand and be able to offer its clients access to a range of services and specialisms such as industry expertise, claims advocacy, placement capabilities and access to global markets.
Founded in 2015 by Chris Park, National Insurance Group operates out of Victoria and Tasmania. The Torquay office will be a new location within Gallagher’s footprint of 30+ branches across Australia. The Tasmanian-based team will utilise the existing Gallagher branch in Launceston.
National Insurance Group has a broad range of clients, mostly Melbourne-based, including reception and function centres, manufacturing, engineering and electronics. The business has a strong record of growth on the back of excellent relationship building and a focus on client experience. The deal will open up Gallagher’s geographic reach in Victoria’s Surf Coast with significant opportunities to grow with local businesses in that region.
Sarah Lyons, Gallagher Australia Chief Executive said: “I’m delighted to welcome Chris Park and the National Insurance Group team to Gallagher. We’ve known Chris for some time, and he’s a highly successful and respected insurance professional who shares many of the values and ambitions we as a company hold.I’m delighted he decided to join Gallagher.”
Arthur J. Gallagher & Co. (NYSE:AJG) is a US-headquartered (Itasca, Illinois) insurance, risk management and consulting organisation with offices in more than 30 countries with additional client-service capabilities delivered through correspondent brokers and consultants in over 140 countries.
In Australia and New Zealand Gallagher offers insurance broking, risk management, premium funding and offshore market placement.
Gallagher provides tailored risk management and insurance products and solutions to clients ranging from small to medium enterprises through to large multi-national corporations, as well as selected affinity partners and trade and industry associations.
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.