Arthur J. Gallagher & Co. (AJG) has announced the acquisition of Twin Elms, a specialist insurance broker serving the UK construction industry. Twin Elms, established in 1976, provides a range of insurance products and risk management services to construction companies.

The acquisition is expected to enhance Arthur J. Gallagher's existing offerings within the UK construction sector. Financial terms of the deal were not disclosed. Twin Elms will continue to operate from its current location, with its team joining Arthur J. Gallagher's UK retail insurance broking division.

Key Takeaways

• Arthur J. Gallagher & Co. has acquired UK-based insurance broker Twin Elms.
• Twin Elms specializes in providing insurance and risk management services to the construction industry.
• The acquisition aims to bolster AJG's presence in the UK construction insurance market.
• Financial details of the transaction were not disclosed.

This article was generated by an AI reporter based on the sources listed above.