{"id":416881,"date":"2021-01-19T09:03:59","date_gmt":"2021-01-19T14:03:59","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=416881"},"modified":"2021-01-19T09:03:59","modified_gmt":"2021-01-19T14:03:59","slug":"arthur-j-gallagher-co-acquires-atlas-general-insurance-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-atlas-general-insurance-services\/","title":{"rendered":"Arthur J. Gallagher &amp; Co. Acquires Atlas General Insurance Services"},"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<p>\n        <span class=\"xn-location\">ROLLING MEADOWS, Ill.<\/span>, <span class=\"xn-chron\">Jan. 19, 2021<\/span> \/PRNewswire\/ &#8212; <span class=\"xn-person\">Arthur J. Gallagher<\/span> &amp; Co.\u00a0(NYSE: AJG) today announced the acquisition of <span class=\"xn-location\">San Diego<\/span>-based Atlas General Holdings, LLC, dba Atlas General Insurance Services (&#8220;Atlas&#8221;). 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 2009 by <span class=\"xn-person\">Bill Trzos<\/span>, Atlas is a full-service, multiline program manager and managing general agency (MGA) offering workers compensation, commercial lines and specialty property programs nationwide, with deep expertise in the <span class=\"xn-location\">California<\/span> workers compensation market. <span class=\"xn-person\">Mike Mathews<\/span>, <span class=\"xn-person\">Charles Lasher<\/span> and their associates will remain in their current location under the direction of <span class=\"xn-person\">Joel Cavaness<\/span>, president of Risk Placement Services, Inc. (RPS), Gallagher&#8217;s U.S.-based wholesale brokerage division.<\/p>\n<p>&#8220;Atlas is a highly-regarded program administrator that brings RPS deep market expertise, a complementary book of business and a best-in-class workers comp platform,&#8221; said J. <span class=\"xn-person\">Patrick Gallagher, Jr.<\/span>, Chairman, President and CEO of Gallagher. &#8220;We are delighted to welcome Mike, Charles and their associates to our growing global team.&#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=\"convertedTable89aa\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investors:\u00a0 Ray Iardella\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\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\u00a0\u00a0\u00a0\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=CG50880&amp;sd=2021-01-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher--co-acquires-atlas-general-insurance-services-301209746.html\">http:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher&#8211;co-acquires-atlas-general-insurance-services-301209746.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=CG50880&amp;Transmission_Id=202101190900PR_NEWS_USPR_____CG50880&amp;DateId=20210119\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ROLLING MEADOWS, Ill., Jan. 19, 2021 \/PRNewswire\/ &#8212; Arthur J. Gallagher &amp; Co.\u00a0(NYSE: AJG) today announced the acquisition of San Diego-based Atlas General Holdings, LLC, dba Atlas General Insurance Services (&#8220;Atlas&#8221;). Terms of the transaction were not disclosed. Founded in 2009 by Bill Trzos, Atlas is a full-service, multiline program manager and managing general agency (MGA) offering workers compensation, commercial lines and specialty property programs nationwide, with deep expertise in the California workers compensation market. Mike Mathews, Charles Lasher and their associates will remain in their current location under the direction of Joel Cavaness, president of Risk Placement Services, Inc. (RPS), Gallagher&#8217;s U.S.-based wholesale brokerage division. &#8220;Atlas is a highly-regarded program administrator that brings RPS deep market expertise, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-atlas-general-insurance-services\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arthur J. Gallagher &amp; Co. Acquires Atlas General Insurance Services&#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-416881","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arthur J. Gallagher &amp; Co. 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Founded in 2009 by Bill Trzos, Atlas is a full-service, multiline program manager and managing general agency (MGA) offering workers compensation, commercial lines and specialty property programs nationwide, with deep expertise in the California workers compensation market. Mike Mathews, Charles Lasher and their associates will remain in their current location under the direction of Joel Cavaness, president of Risk Placement Services, Inc. (RPS), Gallagher&#8217;s U.S.-based wholesale brokerage division. &#8220;Atlas is a highly-regarded program administrator that brings RPS deep market expertise, &hellip; Continue reading &quot;Arthur J. Gallagher &amp; Co. 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Founded in 2009 by Bill Trzos, Atlas is a full-service, multiline program manager and managing general agency (MGA) offering workers compensation, commercial lines and specialty property programs nationwide, with deep expertise in the California workers compensation market. Mike Mathews, Charles Lasher and their associates will remain in their current location under the direction of Joel Cavaness, president of Risk Placement Services, Inc. (RPS), Gallagher&#8217;s U.S.-based wholesale brokerage division. &#8220;Atlas is a highly-regarded program administrator that brings RPS deep market expertise, &hellip; Continue reading \"Arthur J. Gallagher &amp; Co. 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