checkAd

     760  0 Kommentare Arthur J. Gallagher & Co. Signs Agreement to Acquire Horseshoe Insurance Services Holdings Ltd.

    ROLLING MEADOWS, Illinois, Oct. 3, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions, has signed an agreement to acquire Horseshoe Insurance Services Holdings Ltd. The acquisition is subject to regulatory approvals and is expected to close in the fourth quarter of 2019.

    Arthur J. Gallagher & Co. Logo

    Founded in 2005 and headquartered in Bermuda, Horseshoe is the largest independent company providing insurance management, fund administration, advisory and corporate services to the insurance-linked securities (ILS) market. The firm, which also has offices in London, Cayman, Sri Lanka and Charlotte, N.C., has additionally developed customized, integrated technology solutions to enhance its core customer value proposition and support clients operating in the ILS segment. Andre Perez and his associates will continue to operate from their current locations under the direction of Peter Mullen, CEO of Artex Risk Solutions.

    Anzeige 
    Handeln Sie Ihre Einschätzung zu Gallagher!
    Long
    233,56€
    Basispreis
    1,67
    Ask
    × 12,20
    Hebel
    Short
    270,99€
    Basispreis
    1,96
    Ask
    × 9,83
    Hebel
    Präsentiert von

    Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie bei Klick auf das Disclaimer Dokument. Beachten Sie auch die weiteren Hinweise zu dieser Werbung.

    "Horseshoe Insurance Services brings us deep market expertise and service offerings within the ILS market – a critical business segment – which will enhance the value we deliver to our existing client base," said J. Patrick Gallagher, Jr., Chairman, President and CEO of Arthur J. Gallagher & Co. "I would like to extend a warm welcome to Andre and his associates on behalf of our growing global team."

    "The Horseshoe team shares our company's deep culture of innovation, teamwork and responsive customer service. Together, we have the opportunity to solidify our market-leading position as the largest provider of solutions to the ILS market," said Peter Mullen, CEO of Artex, noting that Horseshoe will become the global brand of ILS services for Artex.

    "We are excited to join forces with Artex and Gallagher. Being part of a larger organization will give us the opportunity to access worldwide resources and accelerate the development of bespoke solutions and products for ILS," said Andre Perez, CEO of Horseshoe. "Our goal has and will always be to add value to our clients. Together we will have quite a formidable team dedicated to the ILS market."

    Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 42 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

    Investors:  Ray Iardella

    Media:  Linda J. Collins                         

    VP – Investor Relations

    VP – Corporate Communications

    630-285-3661/ ray_iardella@ajg.com

    630-285-4009/ linda_collins@ajg.com

    Logo - https://mma.prnewswire.com/media/597229/Arthur_J_Gallagher_Logo.jpg



    PR Newswire (engl.)
    0 Follower
    Autor folgen

    Verfasst von PR Newswire (engl.)
    Arthur J. Gallagher & Co. Signs Agreement to Acquire Horseshoe Insurance Services Holdings Ltd. ROLLING MEADOWS, Illinois, Oct. 3, 2019 /PRNewswire/ - Arthur J. Gallagher & Co. today announced that its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions, has signed an agreement to acquire Horseshoe Insurance …