Country for PR: United States
Contributor: PR Newswire New York
Thursday, December 02 2021 - 13:55
AsiaNet
Arthur J. Gallagher and Co. Acquires Sound Insurance Services
ROLLING MEADOWS, Ill., Dec. 2, 2021 /PRNewswire-AsiaNet/--

Arthur J. Gallagher and Co. today announced the acquisition of Caulfield, 
Victoria-based Sound Insurance Services. Terms of the transaction were not 
disclosed.

Logo - https://mma.prnewswire.com/media/597229/Arthur_J_Gallagher_Logo.jpg

Founded in 2011 by Simon Feldman and Morris Alessi, Sound Insurance is a retail 
property/casualty broker serving small and mid-market corporate clients in the 
Melbourne Central Business District and Victoria from its primary office in 
Caulfield and a smaller office in the Docklands. Feldman, Alessi, Daniel 
Winkel, Mark O'Sullivan and their associates will continue to operate from 
their Caulfield location under the direction of Sarah Lyons, head of retail 
property/casualty brokerage operations for Gallagher in Australia.

"Sound Insurance is a well-regarded broker with a strong growth record that 
will enhance our capabilities in Melbourne, particularly in the small corporate 
and mid-market segment," said J. Patrick Gallagher, Jr., Chairman, President 
and CEO. "I am delighted to welcome Simon, Morris, Daniel, Mark and their 
associates to our growing, global team."

Arthur J. Gallagher and Co. (NYSE:AJG), a global insurance brokerage, risk 
management and consulting services firm, is headquartered in Rolling Meadows, 
Illinois. The company has operations in 68 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                     
VP - Investor Relations                   
+1-630-285-3661/ ray_iardella@ajg.com     

Media:  Linda J. Collins   
VP- Corporate Communications
+1-630-285-4009/ linda_collins@ajg.com

SOURCE: Arthur J. Gallagher and Co.