Gallagher makes UK acquisition

Arthur J. Gallagher & Co. said Tuesday it has acquired Devitt Insurance Services Ltd. in the United Kingdom.

Terms of the transaction were not disclosed.

Romford, England-based Devitt is a privately owned property/casualty insurance broker focusing on coverages for motorcycles and motorhomes and serves approximately 130,000 customers.

Managing Director William Hughes, Finance Director Tony Chapman and their 130 employees will remain at their current locations in Romford and Ipswich under the direction of Gareth Birch, Gallagher small- and medium-sized enterprises and personal lines managing director.

J. Patrick Gallagher Jr., chairman, president and CEO, said Devitt’s specialist expertise complements Gallagher’s existing U.K. retail niche practices.