Arthur J. Gallagher & Co. has announced its acquisition of Lifesure Group Limited, a UK-based company specializing in personal lines insurance broking services for the vacation and leisure industry. The acquisition also includes Barnes Commercial, an affiliated company that serves small-to-medium businesses in the insurance brokerage sector. The terms of the transaction have not been disclosed.

Lifesure offers insurance products such as park home, motorhome, caravan, and leisure home insurance. This strategic move allows Gallagher to expand its presence in the niche personal lines market and further strengthens its UK retail division.

1. Patrick Gallagher, Jr., Chairman, President, and CEO of Arthur J. Gallagher & Co., expressed his enthusiasm for the acquisition and praised Lifesure's strong client relationships. This acquisition underscores Gallagher's commitment to enhancing its retail capabilities in the UK.

Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, serves clients in approximately 130 countries worldwide through its owned operations and a network of correspondent brokers and consultants. The acquisition aligns with Gallagher's ongoing efforts to broaden its insurance offerings and geographic reach.