Read more: Peter Matthews of Gallagher on the “turbocharging” effect of the Bollington acquisition
“Customers will continue to have the same daily contacts at Bollington, who understand their individual business and insurance needs, but will benefit from Gallagher’s global scale, expertise across 32,000 employees worldwide. , of which 5,000 are based in the UK, as well as increased product choice and purchasing power, ”the company said in a statement.
Michael Rea, managing director of Gallagher’s UK retail division, said he was “very happy to reach this milestone, having acquired Bollington in February”.
“We knew from our first interactions that Bollington would be a perfect fit for Gallagher and by bringing our brands, people and expertise together, customers will benefit from knowledge, products and access to broader markets,” he said. . “We are committed to investing in our North West team, as part of our UK-wide network, and we look forward to adding new capabilities to Bollington’s existing specialties. “
The acquisition of Bollington enabled Gallagher to hire 420 new employees and 230,000 customers in mid-size business sectors, niche lines, SMEs and micro-SMEs, as well as personal lines. He also added a significant presence in the northwest to Gallagher’s existing UK national office network.