Gallagher to acquire Excess Underwriting.

Gallagher, a US-based global insurance brokerage and risk management services firm, agreed to acquire Excess Underwriting, an operator of property and casualty managing general agency. Financial terms were not disclosed. "Excess Underwriting delivers industry-leading underwriting service and products for commercial and residential property, general liability and errors & omissions insurance. George has built a very strong business and this is a very strategic partnership for Gallagher in Canada. We have ambitious plans for Canada and bringing George and his team onboard are part of that," David Partington, Gallagher CEO of Canadian Property and Casualty Operations.