Gallagher acquires U.K. insurance broker

U.S.-based Arthur J. Gallagher and Co. has acquired U.K.-based commercial insurance broker Risk Services (NW) Ltd., Insider Media reported. Under the deal, Risk Services and its staff will become part of the northwest region of Gallagher's U.K. retail branch network. Steve Lowe, managing director of Risk Services, will continue in the business and focus on client relationships while Tom Penn, the firm's director, will head its office in Chester.

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