Gallagher acquires retail dealer Anderson Benson

ByRobert Williams

Mar 12, 2023 #yelp biz

Gallagher acquires retail broker Anderson Benson

Arthur J. Gallagher & Co. has got the retail insurance coverage dealer and possibility control company Anderson Benson.

Based 2012, the Nashville, TN-based Anderson Benson has an leisure area of interest experience. The dealer additionally has specializations in hospitality, development, transportation and personal shoppers throughout the USA.

As a part of the deal, George Anderson, Reno Benson, Brent Daughrity, Steve Buzzell, Will Wright and the remainder of the Anderson Benson crew will stay of their present location, underneath the supervision of Gallagher head of Mid-South retail belongings/casualty brokerage operations Bumpy Triche.

“Anderson Benson’s leisure marketplace experience provides us vital alternatives for enlargement,” mentioned Gallagher chairman, president and CEO J. Patrick Gallagher, Jr. “I’m extremely joyful to welcome George, Reno, Brent, Steve, Will and their friends to Gallagher.”

For the 12 months 2022, Gallagher posted web profits of $1.1 billion (adjusted: $1.6 billion), up from $955 million in 2021. The corporate’s broking section noticed 2022 web profits of $1.2 billion (adjusted: $1.8 billion), an building up from the former 12 months’s $1 billion. In the meantime, its possibility control section noticed web profits of $115.8 million (adjusted: $120 million), up from 2021’s $89.5 million.

Supply Through