Artex buys Cayman captive manager
By Gavin Souter From Business Insurance Arthur J. Gallagher & Co.’s captive management unit, Artex Risk Solutions Inc., has acquired Cayman Islands-based Chandler Insurance Management Ltd. for an undisclosed amount. Chandler owner and CEO Steve Butler and Beverley A. Hodkin,…
Arthur J. Gallagher (AJG) enters agreement to acquire KIM Unit from Kane Group
From Street Insider Arthur J. Gallagher & Co. (NYSE: AJG) announced that it has reached agreement with Kane Group to acquire its insurance management operations (“KIM”). This acquisition is expected to close on or about March 31, 2016 and is…
