{"id":410290,"date":"2021-01-07T08:03:39","date_gmt":"2021-01-07T13:03:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410290"},"modified":"2021-01-07T08:03:39","modified_gmt":"2021-01-07T13:03:39","slug":"arthur-j-gallagher-co-acquires-cain-insurance-services-ltd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-cain-insurance-services-ltd\/","title":{"rendered":"Arthur J. Gallagher &amp; Co. Acquires Cain Insurance Services Ltd."},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ROLLING MEADOWS, Ill.<\/span>, <span class=\"xn-chron\">Jan. 7, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher &amp; Co.\u00a0(NYSE: AJG) today announced the acquisition of <span class=\"xn-location\">Fredericton, New Brunswick<\/span>-based Cain Insurance Services Ltd. Terms of the transaction were not disclosed.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/597229\/Arthur_J_Gallagher_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/597229\/Arthur_J_Gallagher_Logo.jpg\" title=\"Arthur J. Gallagher &amp; Co. Logo (PRNewsfoto\/Arthur J. Gallagher &amp; Co.)\" alt=\"Arthur J. Gallagher &amp; Co. Logo (PRNewsfoto\/Arthur J. Gallagher &amp; Co.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Founded in 1986, Cain Insurance Services is a retail property\/casualty broker offering commercial and personal insurance to clients throughout the region. Cain has broad expertise, with particular strengths in serving clients in the public sector, manufacturing, agriculture, realty and construction, and builds on Gallagher&#8217;s existing presence across <span class=\"xn-location\">Nova Scotia<\/span> and <span class=\"xn-location\">New Brunswick<\/span><i>. <\/i><span class=\"xn-person\">Dan Cain<\/span>, <span class=\"xn-person\">Luke Cain<\/span> and their associates will continue to operate from their current location under the direction of <span class=\"xn-person\">Michael Thornhill<\/span>, B.A., FCIP, CRM, Area President of Gallagher&#8217;s <span class=\"xn-location\">Atlantic Canada<\/span> retail property\/casualty brokerage operations.\u00a0<\/p>\n<p>&#8220;Cain&#8217;s broad capabilities and excellent client relationships in the <span class=\"xn-location\">New Brunswick<\/span> market will complement and enhance Gallagher&#8217;s growing presence across <span class=\"xn-location\">Atlantic Canada<\/span>,&#8221; said J. <span class=\"xn-person\">Patrick Gallagher, Jr.<\/span>, Chairman President and CEO. &#8220;We are very pleased to welcome Dan, Luke and their team to our growing global company.&#8221;<\/p>\n<p>\n        <span class=\"xn-person\">Arthur J. Gallagher<\/span> &amp; Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in\u00a0Rolling Meadows,\u00a0Illinois. The company has operations in 49 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.<\/p>\n<div>\n<table id=\"convertedTable7197\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investors:\u00a0 Ray Iardella\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Media:\u00a0 Linda J. Collins\u00a0 \u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">VP \u2013 Investor Relations\u00a0 <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">VP \u2013 Corporate Communications<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">630-285-3661\/\u00a0<a target=\"_blank\" href=\"mailto:ray_iardella@ajg.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">ray_iardella@ajg.com<\/a>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">630-285-4009\/\u00a0<a target=\"_blank\" href=\"mailto:linda_collins@ajg.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">linda_collins@ajg.com<\/a><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG38145&amp;sd=2021-01-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher--co-acquires-cain-insurance-services-ltd-301202273.html\">http:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher&#8211;co-acquires-cain-insurance-services-ltd-301202273.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Arthur J. Gallagher<\/span> &amp; Co.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG38145&amp;Transmission_Id=202101070800PR_NEWS_USPR_____CG38145&amp;DateId=20210107\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ROLLING MEADOWS, Ill., Jan. 7, 2021 \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher &amp; Co.\u00a0(NYSE: AJG) today announced the acquisition of Fredericton, New Brunswick-based Cain Insurance Services Ltd. Terms of the transaction were not disclosed. Founded in 1986, Cain Insurance Services is a retail property\/casualty broker offering commercial and personal insurance to clients throughout the region. Cain has broad expertise, with particular strengths in serving clients in the public sector, manufacturing, agriculture, realty and construction, and builds on Gallagher&#8217;s existing presence across Nova Scotia and New Brunswick. Dan Cain, Luke Cain and their associates will continue to operate from their current location under the direction of Michael Thornhill, B.A., FCIP, CRM, Area President of Gallagher&#8217;s Atlantic Canada retail property\/casualty brokerage operations.\u00a0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-cain-insurance-services-ltd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arthur J. Gallagher &amp; Co. Acquires Cain Insurance Services Ltd.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410290","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arthur J. Gallagher &amp; Co. Acquires Cain Insurance Services Ltd. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-cain-insurance-services-ltd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arthur J. Gallagher &amp; Co. Acquires Cain Insurance Services Ltd. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ROLLING MEADOWS, Ill., Jan. 7, 2021 \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher &amp; Co.\u00a0(NYSE: AJG) today announced the acquisition of Fredericton, New Brunswick-based Cain Insurance Services Ltd. Terms of the transaction were not disclosed. Founded in 1986, Cain Insurance Services is a retail property\/casualty broker offering commercial and personal insurance to clients throughout the region. Cain has broad expertise, with particular strengths in serving clients in the public sector, manufacturing, agriculture, realty and construction, and builds on Gallagher&#8217;s existing presence across Nova Scotia and New Brunswick. Dan Cain, Luke Cain and their associates will continue to operate from their current location under the direction of Michael Thornhill, B.A., FCIP, CRM, Area President of Gallagher&#8217;s Atlantic Canada retail property\/casualty brokerage operations.\u00a0 &hellip; Continue reading &quot;Arthur J. Gallagher &amp; Co. 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Cain has broad expertise, with particular strengths in serving clients in the public sector, manufacturing, agriculture, realty and construction, and builds on Gallagher&#8217;s existing presence across Nova Scotia and New Brunswick. Dan Cain, Luke Cain and their associates will continue to operate from their current location under the direction of Michael Thornhill, B.A., FCIP, CRM, Area President of Gallagher&#8217;s Atlantic Canada retail property\/casualty brokerage operations.\u00a0 &hellip; Continue reading \"Arthur J. Gallagher &amp; Co. 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