Arthur J. Gallagher & Co. has acquired Jones Brown, as well as the Canadian insurance broker’s subsidiaries.
Jones Brown, founded in 1997, is a retail P&C insurance broker that offers commercial and personal insurance throughout Canada. The broker has offices in Toronto and Hamilton, Ontario; Calgary, Alberta; and Vancouver, British Columbia.
As part of the deal, the Jones Brown team will continue to operate from their existing locations, but under the supervision of Gallagher president of Canadian retail property/casualty brokerage operations Steve Bryant.
“Jones Brown is a highly regarded, well-run broker that brings us complementary expertise, new geographies and a similar company culture,” commented Gallagher president and CEO J. Patrick Gallagher, Jr. “I am very happy to welcome our colleagues at Jones Brown to Gallagher.”
“Jones Brown has an outstanding reputation, built around highest quality customer service, innovation and deep insurance expertise,” Bryant added. “This makes them an ideal new partner for Gallagher Canada, and brings tremendous value to our own business and clients across the country.”