Gallagher buys UK maritime law firm Winter & Co
What's the deal? Arthur J. Gallagher & Co. has acquired London-based Winter & Co Solicitors LLP through its claims and risk management subsidiary, Gallagher BassettDealroom has a profile for this one. Try Dealroom →. Terms were not disclosed.
Who's involved? Winter & Co is a specialist maritime law firm serving P&I clubs, marine insurers, shipowners, and charterers, with expertise in shipping-related legal matters. Gallagher is a global insurance brokerage, risk management, and consulting firm that operates in roughly 130 countries.
What's the endgame? The deal adds legal expertise to Gallagher Bassett's growing marine specialty platform, complementing its existing marine claims and risk management capabilities. Glenn Winter and his team will stay in their current location.
Who's in charge? Winter and his associates will report to Manan Sagar, head of Gallagher Bassett's Europe, Middle East, and Asia operations.
"Winter & Co enhances Gallagher Bassett's growing marine specialty platform, adding further legal expertise to complement its current marine claims and risk management capabilities," said chairman and chief executive officer J. Patrick Gallagher, Jr.
The signal: The acquisition deepens Gallagher's foothold in specialist marine insurance services, pairing legal and claims capabilities under one platform as the broker continues to expand its global operations.
Read more: prnewswire.com
Image credit: Wolfgang.W.
