- Insurance brokerage and consultant services firm Arthur J. Gallagher & Co. (NYSE:AJG) has acquired Christie Phoenix and its affiliate Discovery Insurance Services, brokers in Victoria, British Columbia.
- Terms weren't disclosed. "Christie Phoenix and Discovery are just the type of client-focused new merger partners we hoped to attract when we created our platform for growth in Canada," says AJG Chairman and CEO J. Patrick Gallagher.
- Christie Phoenix provides commercial property/casualty and personal lines service in B.C., while younger firm Discovery operates across similar business classes. The two firms will operate in place under Ken Keenan, who leads Gallagher's Canadian operation.