Arthur J. Gallagher & Co has acquired Perth, Western Australia-based Mavco Insurance Group. Terms of the transaction were not disclosed.
Mavco is a general insurance broker and risk management firm serving corporate clients across Australia and internationally.
Its areas of expertise include construction, health, engineering, mining and financial services.
Following the deal, Jonathan Winter, Daniel Waters, Stephen Hughes, Rodney Aylmore and their team will relocate to Gallagher’s Perth and Adelaide offices.
They will operate under the direction of Sarah Lyons, head of retail property and casualty brokerage operations for Gallagher in Australia.
Patrick Gallagher, Jr., chairman, president and CEO of Gallagher, said: “Mavco has an excellent record of growth and client-focused service, and their market expertise will expand our capabilities in the region.
“I am very pleased to welcome Jonathan, Daniel, Stephen, Rodney and their associates to our growing, global team.”