Gallagher Bassett Buys London-Headquartered W K Webster & Co.

Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd.

Terms of the transaction were not disclosed.

W K Webster specializes in marine and transit claims management, providing comprehensive services to insurers and self-insured corporations globally.

W K Webster is headquartered in London with offices in Singapore, the United States and the Netherlands.

The W K Webster team, led by Anthony Smith, will join Gallagher Bassett under the direction of Manan Sagar, head of Gallagher Bassett’s Europe, Middle East and Asia operations.

“As a leader in marine and transit claims services, W K Webster brings longstanding market expertise and expands Gallagher Bassett’s specialty capabilities globally,” said J. Patrick Gallagher Jr., chairman and CEO, of Arthur J. Gallagher & Co., based in Rolling Meadows, Illinois.

Source: Arthur J. Gallagher & Co.

Topics
Mergers & Acquisitions
London
A.J. Gallagher