ROLLING MEADOWS, Ill.,
Aug. 1, 2019 /PRNewswire/
-- Arthur J. Gallagher & Co. today announced that its
risk management services subsidiary, Gallagher Bassett Services,
Inc., has acquired Fullerton Health Corporate Services (Aust) Pty
Ltd from Fullerton Health Australia, part of Singapore-based Fullerton Healthcare Group.
Terms of the transaction were not disclosed.
Founded in 1996, Sydney-based
Fullerton Health Corporate Services (FHCS), formerly known as
Corporate Services Network, provides third-party claims
administration services to clients across Australia, with a focus on outsourced
services—including claims management, processing and administration
services—for insurance companies and brokers. FHCS General Manager
James Needle and his associates will
remain in their current location under the direction of
John McNamara, head of Gallagher Bassett's Australian operations.
"FHCS is a well-known player in the accident and health space
with a strong management team and experienced professionals," said
J. Patrick Gallagher, Jr., Chairman,
President and CEO of Arthur J.
Gallagher & Co. "We are excited to welcome James and his
associates to our growing global team."
"FHCS makes a terrific addition to our Australian claims
management operations," said Scott
Hudson, President and CEO of Gallagher Bassett Services,
Inc. "The strong relationships they have established with insurers,
brokers and the Lloyd's market should allow us to explore
cross-selling opportunities for additional Gallagher Bassett products and services."
Arthur J. Gallagher & Co.
(NYSE:AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows,
Illinois. The company has operations in 35 countries and
offers client service capabilities in more than 150 countries
around the world through a network of correspondent brokers and
consultants.
Investors: Ray
Iardella
|
Media: Linda J.
Collins
|
VP – Investor
Relations
|
VP – Corporate
Communications
|
630-285-3661/ ray_iardella@ajg.com
|
630-285-4009/ linda_collins@ajg.com
|
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SOURCE Arthur J. Gallagher &
Co.