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Arthur J. Gallagher & Co. Acquires W K Webster & Co Ltd
ROLLING MEADOWS, Ill., Feb. 3, 2025
ROLLING MEADOWS, Ill., Feb. 3, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd (W K Webster). Terms of the transaction were not disclosed.
W K Webster specializes in marine and transit claims management, providing comprehensive services to insurers and self-insured corporations globally. W K Webster is headquartered in London with offices in Singapore, the United States and the Netherlands. The W K Webster team, led by Anthony Smith, will join Gallagher Bassett under the direction of Manan Sagar, head of Gallagher Bassett's Europe, Middle East and Asia operations.
"As a leader in marine and transit claims services, W K Webster brings longstanding market expertise and expands Gallagher Bassett's specialty capabilities globally," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am excited to welcome Anthony and his team to our growing Gallagher family of professionals."
Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
| Investors: Ray Iardella, VP - Investor Relations | Media: Paul Day, Communications Manager |
| 630-285-3661/ ray_iardella@ajg.com | 630-285-5946/ paul_day1@ajg.com |
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SOURCE Arthur J. Gallagher & Co.
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