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Gallagher enters deal to accumulate Western New York company | Insurance coverage Enterprise America















The M&A spree continues

Gallagher enters deal to acquire Western New York agency


Insurance coverage Information

By
Mika Pangilinan

Arthur J. Gallagher & Co. has signed a definitive settlement to accumulate The Evans Company, LLC in Williamsville, New York.

The Evans Company is a wholly-owned subsidiary of Evans Bancorp Inc. It supplies industrial property/casualty insurance coverage options, with a give attention to public entities and scholastic experience. Along with these core providers, it gives private traces and worker advantages providers, catering to purchasers all through Western New York.

With Gallagher’s acquisition, The Evans Company will function underneath the course of Patrick Kennedy, who heads retail property/casualty brokerage operations within the Northeast area.

The Evans Company is the most recent in a sequence of M&A offers introduced by Gallagher in 2023. This acquisition is ready to shut through the fourth quarter of the 12 months, in response to a information launch from the broking big.

“The Evans Company’s experience and tradition are an glorious match for our Western New York workplace and can improve our capabilities within the area,” mentioned chairman, president and CEO J. Patrick Gallagher. “I look ahead to welcoming Aaron and his associates to Gallagher.”

Different current bulletins embody the appointments of Thomas J. Gallagher as president and Patrick M. Gallagher as govt vp and chief working officer. 

In revealing these management adjustments, the dealer mentioned J. Patrick Gallagher, Jr. will keep his give attention to the corporate’s strategic course and the crucial points of home and world growth.

In the meantime, Thomas J. Gallagher and Patrick M. Gallagher will play important roles in spearheading natural and M&A progress initiatives, enhancing operational effectivity, in addition to making certain superior service supply throughout the group.

What are your ideas on this story? Be at liberty to remark under.

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