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Gallagher swoops for “well-run, growing business”

Gallagher swoops for “well-run, growing business” | Insurance Business UK

Gallagher swoops for “well-run, growing business”

Arthur J. Gallagher & Co. (AJG) has snapped up Matt Jensen Insurance Brokers for an undisclosed sum.

Based in Taupo in New Zealand, Matt Jensen Insurance Brokers caters to clients across the central North Island, providing a range of fire & general and life & health policies. The team specialises in the industries of forestry and transportation, and focusses on small and medium-sized firms.

“Matt Jensen Insurance Brokers is a well-run, growing business with an excellent client-service culture that will expand our brokerage capabilities in New Zealand’s central North Island,” commented AJG chair, president, and chief executive J. Patrick Gallagher, Jr.

“I am delighted to welcome Matt and his associates to our growing, global company.”

The acquired business will continue to operate from its current base, to be led by Carl O’Shea, chief executive of AJG’s New Zealand brokerage operations Crombie Lockwood (NZ) Ltd.