Arthur J. Gallagher & Co. (AJG), a prominent provider of insurance brokerage and risk management services, announced on Monday that its claims and risk management solutions arm, Gallagher Bassett, has acquired the UK-based firm, W K Webster & Co Ltd, for an undisclosed amount.
W K Webster specializes in managing marine and transit claims, catering to insurers and self-insured corporations. J. Patrick Gallagher, Jr., CEO of AJG, remarked, "W K Webster stands out as a leader in marine and transit claims services, bringing extensive market expertise and enhancing Gallagher Bassett's specialty capabilities on a global scale."
W K Webster operates offices in Singapore, the United States, and the Netherlands.
