Recent talks with PI broker have not progressed further
Arthur J Gallagher has been in talks with Griffiths & Armour (G&A) about a potential tie-up, Insurance Times has learnt.
According to market sources, Gallagher has held discussions with G&A. However, these talks are believed to have stalled. The US-owned Gallagher is understood to still be on the hunt for acquisitions. A Gallagher spokesman said the company is “always in the market for good people and businesses that fit our culture”.
G&A’s headquarters is in Liverpool, and it also has offices in London, Manchester, Glasgow, Dublin and Guernsey. The company is a member of the network of global insurance brokers, Unison Brokers.
Gallagher bought Lloyd’s broker First City partnership earlier this year – its biggest acquisition in the UK for five years.