McMillan Represents AJ Gallagher in US$3.25B Acquisition of Willis Towers Watson Assets

On December 1, 2021, Arthur J. Gallagher & Co. completed its USD$3.25 Billion acquisition of substantially all of the treaty reinsurance brokerage operations from Willis Towers Watson plc. Together with Gallagher’s existing reinsurance operations, the combined businesses include more than 70 offices across 31 countries including Canada, U.S., Belgium, Portugal, Spain, U.K., South Africa, Bermuda, French Polynesia, Netherlands, New Caledonia, Indonesia, Malaysia, Singapore, Dubai, Senegal, Turkey, Taiwan, Argentina, Mexico, France, Germany.

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

McMillan represented Arthur J. Gallagher & Co. with a multidisciplinary team led by Darcy Ammerman (Financial Services) with support from Chris Garrah, Graham Bevans and Sandra Knowler (Corporate), Joshua Chad and Neil Campbell (Competition), Kyle Lambert (Employment), Jamie Wilks and Andrew Stirling (Tax) and Mitch Koczerginski and Kristen Pennington (Privacy).

McMillan’s Insurance Industry Group has significant experience and expertise advising various participants in the Canadian insurance industry. Our lawyers have represented some of Canada’s largest and most sophisticated insurers and other industry participants on a number of major mergers and acquisitions. The insurance industry is highly regulated and most mergers and reorganizations require regulatory approval. Given the depth of our experience, our lawyers are well positioned to facilitate obtaining approvals in an efficient and effective manner.