Brisbane-based insurance broker CA Insurance Brokers has been snapped up by Arthur J. Gallagher & Co. (AJG) for an undisclosed sum.
“Through this acquisition, CA Insurance Brokers gains access to a range of new markets and client product offerings, while we expand Gallagher’s presence and capabilities in the Brisbane market,” said AJG chairman, president, and chief executive J. Patrick Gallagher, Jr.
A mid-market broker founded by Andrew Howard in 2002, CA Insurance Brokers specialises in coverage for commercial transportation, construction, earthmoving, and professional risks.
As part of the deal, Howard and his associates will relocate to the Brisbane office of AJG and will be under the direction of specialisms managing director Paul Harvey.
“I am very pleased to welcome Andrew and his associates to our team,” added J. Patrick Gallagher, Jr.