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Gallagher Basset International Acquires Wales-Based Adjusting Associates
Wednesday 07 August 2019

7 August 2019 - Illinois, US-based risk management services company Gallagher Basset International, Ltd., a subsidiary of insurance brokerage Arthur J. Gallagher and Co., has acquired the assets of Welsh claims adjustor Adjusting Associates LLP, the company said.
Terms of the transaction were not disclosed.
Stephen Sheppard, Andrew Swan and their associates will continue to operate from their current location under the direction of Simon Pemberton, head of Gallagher Bassett's UK operations.
Gallagher said Adjusting Associates expands Gallagher Bassett's UK client offerings and provides strong cross-selling opportunities.
Arthur J. Gallagher and Co. (NYSE: AJG) has operations in 35 countries and offers client service capabilities in more than 150 countries.
Established in 2002 to provide loss adjusting and claims management services, Adjusting Associates predominantly manages domestic, commercial, liability and business interruption claims.
It serves businesses primarily in the UK, as well as in the Republic of Ireland, France, Portugal, Italy and Spain. 
Details
Date Published: 07/08/2019
Target: Adjusting Associates LLP
Country: USA
Sector: Insurance
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Gallagher Basset International
Comment:
Terms of the deal were not disclosed

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