TechDogs-"Arthur J. Gallagher & Co. Acquires MCMM Services Limited"

Financial Technology

Arthur J. Gallagher & Co. Acquires MCMM Services Limited

PR Newswire
Overall Rating

ROLLING MEADOWS, Ill., Jan. 11, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of UK-based MCMM Services Limited (MCMM). Terms of the transaction were not disclosed.

MCMM provides administrative and claims management services to members of Education Mutual, a mutual insurer that offers staff absence insurance to UK state schools and academies. Based in Mansfield, England, Les Marshall and his team will operate as part of Gallagher's education practice under the leadership of Tim Devine, Regional Managing Director.

"MCMM is an excellent cultural fit and expands the education specialist capabilities of our UK business," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Les and his team to Gallagher, and we look forward to working with them to continue to grow the business."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investors: Ray Iardella, VP - Investor Relations

Media: Paul Day, Communications Manager

630-285-3661/ ray_iardella@ajg.com

630-285-5946/ paul_day1@ajg.com

SOURCE Arthur J. Gallagher & Co.

First published on Thu, Jan 11, 2024

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