Announced
Financials
Tags
Friendly
Property and Casualty Insurance
Private
Majority
Single Bidder
United States
insurance
Acquisition
Pending
Synopsis
Arthur J Gallagher, a US-based global insurance brokerage and risk management services firm, agreed to acquire Hanover Excess & Surplus, an agency offering hard-to-place coastal commercial and personal property/casualty coverages. Financial terms were not disclosed. "Hanover Excess & Surplus will enhance our presence in North Carolina, and brings additional specialty market expertise and strong leadership capabilities to RPS," J. Patrick Gallagher, Arthur J. Gallagher Chairman, President, and CEO.
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