Arthur J. Gallagher & Co Snaps London's Implement Compliance Solutions & Resources Limited, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Arthur J. Gallagher & Co. has announced that its subsidiary, Artex, has acquired London-based Implement Compliance Solutions & Resources Limited (ICSR). The financial terms of the deal were not disclosed. ICSR provides consulting and support services on compliance, governance, risk, and operations to insurance firms in the UK. Kenneth Underhill and his team will continue to operate under the direction of Paul Eaton, head of Artex EMEA.
June 24, 2024 | 9:02 am
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Arthur J. Gallagher & Co. (AJG) has acquired ICSR, a UK-based compliance and risk consulting firm, through its subsidiary Artex. This acquisition could enhance AJG's service offerings in the compliance and risk management sector.
The acquisition of ICSR by AJG's subsidiary Artex is likely to enhance AJG's service offerings in the compliance and risk management sector, potentially leading to increased revenue and market share in the UK insurance market.
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