Giles Insurance Brokers
Gallagher's Ross eyes 'Ronaldo-type business' signings in personal lines
Arthur J Gallagher’s appointment of Adrian Brown signals a temporary transition from a commercial lines focus to an “adrenaline surge” into the firm’s personal lines offering, according to Gallagher International chief executive David Ross.
Hodges to build on 'fantastic track record' with future acquisitions
Towergate group chief executive Mark Hodges remains confident in his firm’s ability to acquire businesses in the wake of Arthur J Gallagher snapping up brokers Oval and Giles.
Giles deal costs AJG $4.2m in expenses
Integration expenses related to the Giles acquisition cost Arthur J Gallagher $4.2m (£2.5m), according to the global broker’s 2014 Q1 results.
Deakin insists retail CEO Blanc is in it for the long haul as AJG buys Oval
Commercial director hoping for third time lucky after Colosso and McManus exits
Gallagher completes £210m deal for Oval, claims report
The acquisition of Oval by Arthur J Gallagher has been completed with the American firm paying approximately £210m to acquire the Wakefield-based broker, according to reports this morning.
McManus prioritising 'personal ambitions' with AJG departure
Arthur J Gallagher UK retail chief executive Brendan McManus is leaving the organisation to “tackle unfulfilled aspirations elsewhere”.
McManus to leave AJG
Arthur J Gallagher UK chief executive Brendan McManus is to leave the company in January 2015.
Industry doubtful SRA minimum rating plan can boost solicitors’ PI market
Regulator finishes eight-week consultation on possible ‘B’ minimum.
Mergers & Acquisitions: Buying with Confidence
2013 saw a rise in the number of mergers and acquisitions deals in the general insurance sector. Is this trend likely to continue, and where will firms look to grow their businesses?
Giles and Bollinger deals forecast to cost Gallagher up to £17m through 2014
US broker Arthur J Gallagher is set to pay an estimated £17m in integration costs through this year following the acquisitions of Giles and Bollinger in 2013.
Gallagher integration costs climb £3m in 2013
The total cost Gallagher of integrating 30 acquisitions including Giles and Bollinger rose by almost 25% over the course of 2013, costing the broking giant $24.1m (£14.5m)
Prosight appoints Mageean to syndicate MD role
Prosight Specialty Underwriters has handed Syndicate 1110 chief operating officer Bernard Mageean a new role as managing director of the syndicate.
JLT’s Thistle Insurance makes six appointments
Thistle Insurance Services has made six appointments looking to brokers Oval, Towergate and Giles for its new recruits.
Gallagher tipped to enhance global stature with Oval acquisition
A take-over of broker Oval would see Arthur J Gallagher cement its position within the top echelons of the broking world, according to Bluefin executive chairman Stuart Reid.
C-Suite: What does 2014 have in store?
While last year can be regarded as a good one for some, difficult times could lie ahead for brokers.
Expertise in Action: Broker: Standing out
In an increasingly competitive marketplace, brokers can gain an edge by specialising in niche areas and strengthening their regional focus
Former Giles MD re-emerges at Oamps Insurance
Melbourne-based Oamps Insurance has appointed former Giles’ MD Sarah Lyons to the role of head of commercial broking.
McManus named CEO of UK retail at Gallagher
Former Giles chief executive Brendan McManus has been appointed CEO of UK retail at Arthur J Gallagher following the official completion of the £233m acquisition of the Giles business.
Solicitors inaction following ARP closure blamed for lack of PI cover
153 law firms have entered 60-day cessation period after failing to get insurance
Giles acquisition to be completed in November
Arthur J Gallagher will complete the Giles acquisition in early November, after originally anticipating the £233m deal could be completed this month.
Talk of Expectrum shareholder action group rubbished by market insiders
Shareholders unlikely to receive payouts from Giles sale to Gallagher.
Giles shareholders receive payout warning
Broker Giles has told class A and B ordinary shareholders in Expectrum that their shares will not pay-out following its acquisition by Arthur J. Gallagher.
Solicitors' PI: Taking a gamble
While their low prices make unrated carriers an attractive option for solicitors seeking professional indemnity insurance, are they worth the risk? And do small law firms have any alternative?
Belmont and Giles 'will complement each other' claims Deakin
Arthur J Gallagher UK commercial director Janice Deakin expects the transport businesses of brokers Giles and Belmont “to strongly complement each other”.