Arthur J. Gallagher has acquired Aviation Insurance Australia for an undisclosed amount. Aviation Insurance Australia is a retail insurance broker serving aviation and aerospace clients throughout Australia.
Patrick Gallagher, Jr., Chairman, President, and CEO said: “Aviation Insurance Australia is a well-respected broker that enhances our aviation capabilities and offers cross-selling opportunities in Australia. I am delighted to welcome Ian and his associates to our growing, global company."
Ian Tait and his team will remain in their current location under the direction of Paul Harvey, Managing Director of Specialisms for Gallagher in Australia.
Arthur J. Gallagher is a global insurance brokerage, risk management, and consulting services firm, headquartered in Rolling Meadows, Illinois.