US insurance coverage brokerage Arthur J. Gallagher & Co. has acquired Encore Insurance coverage Providers, working as Encore Group.
Monetary particulars of the deal weren’t revealed.
Based mostly in Waterloo, Ontario, Encore Group is a retail insurance coverage brokerage that caters primarily to industrial purchasers in Ontario. It focuses on the manufacturing, development and monetary establishments sectors.
Encore Group workers together with Joe Dalton and Scott Heaman will proceed to function from their present location.
They may report back to Dave Partington, who leads Gallagher’s Canadian retail property/casualty (P&C) brokerage operations.
Arthur J. Gallagher chairman and CEO Patrick Gallagher, Jr stated. “Encore Group is a extremely regarded agency whose experience enhances our present retail brokerage capabilities in Canada. I’m excited to welcome Joe, Scott and their associates to our rising, world group.”
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This transfer follows Gallagher’s acquisition of Afina Insurance coverage Advisors final month.
Afina is a P&C insurance coverage dealer primarily based in Oakbrook Terrace, Illinois, identified for its companies within the larger Chicago space.
Moreover, final month, Gallagher acquired Georgia-based Sheila J. Butler & Firm (SJB). SJB is thought for its companies to teams of varied sizes in western Georgia, together with the larger Atlanta space.
In December 2024, Gallagher additionally reached a definitive settlement to amass AssuredPartners for $13.45bn.
Arrange in 2011, AssuredPartners has a various shopper base throughout industrial, public entity and particular person sectors, with almost 400 workplaces within the US, the UK and Eire.
Headquartered in Rolling Meadows, Illinois, Gallagher affords companies in almost 130 nations globally via owned operations and a community of correspondent brokers and consultants.
