Arthur J. Gallagher & Co. Acquires Wigmore Insurance Agency, Inc.; Terms Of The Transaction Were Not Disclosed
Portfolio Pulse from Happy Mohamed
Arthur J. Gallagher & Co. has acquired Wigmore Insurance Agency, Inc., a retail insurance broker based in Costa Mesa, California. The terms of the transaction were not disclosed. Wigmore provides a range of commercial and personal insurance services to clients throughout Southern California. The Wigmore team will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.
August 08, 2023 | 1:08 pm
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POSITIVE IMPACT
Arthur J. Gallagher & Co. has acquired Wigmore Insurance Agency, Inc. This acquisition could potentially increase Gallagher's client base and cross-selling opportunities in Southern California.
The acquisition of Wigmore Insurance Agency by Arthur J. Gallagher & Co. could potentially increase Gallagher's client base and cross-selling opportunities in Southern California. This could lead to increased revenues and profitability for the company in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100