Arthur J. Gallagher & Co (AJG) has acquired Norwegian managing general agent Fender Marine AS through its U.K.-based subsidiary, Pen Underwriting. The terms of the deal were not disclosed. Fender Marine, which offers marine hull and protection & indemnity coverages, will become part of Pen Underwriting. This acquisition is part of AJG's recent acquisition spree, which included Bernard Benefits, Bernard Healthcare Financial Planning, and Ken Brown, Inc.