Arthur J. Gallagher & Co. Acquires MCMM Services Limited
PR Newswire
ROLLING MEADOWS, Ill., Jan. 11, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of UK-based MCMM Services Limited (MCMM). Terms of the transaction were not disclosed.
MCMM provides administrative and claims management services to members of Education Mutual, a mutual insurer that offers staff absence insurance to UK state schools and academies. Based in Mansfield, England, Les Marshall and his team will operate as part of Gallagher's education practice under the leadership of Tim Devine, Regional Managing Director.
"MCMM is an excellent cultural fit and expands the education specialist capabilities of our UK business," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Les and his team to Gallagher, and we look forward to working with them to continue to grow the business."
Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
Thousands of Florida homes flood repeatedly. Little has been done to reduce the risks [Miami Herald]
RICKIE'S DEALS
Advisor News
- How student loan debt impacts 401(k) balances
- The ‘sandwich generation’ faces compounded barriers to retirement savings
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
- Most Gen Z investors think less than a year ahead when making financial decisions
More Advisor NewsAnnuity News
- Oklahoma Insurance Dept. helps Oklahomans recover unclaimed life insurance benefits
- Bitcoin gains ground in retirement market with Equitable annuity option
- Best’s Special Report: First-Half 2026 Net Income in U.S. Life/Annuity Insurance Industry Dips Slightly
- The next phase of life insurance investing
- Ty J. Young Wealth Management Acquires Senior Insurance Services, Expanding Its Growing Annuity Firm: Ty J. Young Wealth Management
More Annuity NewsHealth/Employee Benefits News
Life Insurance News