Insurance brokerage Arthur J. Gallagher has continued its buying spree by acquiring Dyste Williams in the US and New Zealand’s RMA General.
Financial terms of both deals remain confidential.
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Minneapolis, Minnesota-based Dyste Williams provides a range of commercial lines, employee benefits and personal lines services to clients in the upper Midwest.
Ted Dyste, Nels Dyste and their team will continue to operate from their existing location.
They will become part of Gallagher Agency Alliance, under the leadership of Jen Tadin, head of Gallagher Select, which focuses on US property/casualty operations for small businesses and personal insurance.
Gallagher Agency Alliance is known for its merger and acquisitions model that partners with agencies specialising in small business property/casualty insurance and employee benefits.
RMA General offers commercial and personal insurance products along with life and health solutions.
Josh Adams and his team will join Gallagher’s New Zealand retail brokerage operations, led by Carl O’Shea.
Commenting on the deals, Arthur J. Gallagher chairman and CEO J. Patrick Gallagher, Jr said: “Dyste Williams is a highly regarded agency with a long history of client service that will further deepen our small business capabilities. I am delighted to welcome Ted, Nels and their associates to Gallagher.”
He added: “RMA has a client-focused culture like our own and will expand our brokerage capabilities in New Zealand. I am delighted to welcome Josh and his associates to our growing, global team.”
This follows Gallagher’s acquisition last month of Case Group, a Brazilian employee and health benefits brokerage and consulting company.
