Arthur J. Gallagher & Co., a leading global insurance brokerage, has successfully acquired St. Louis-based Imbs Holdings, Inc., a prominent retail insurance broker serving a diverse clientele across the United States. The financial specifics of the transaction have not been disclosed.
Following the acquisition, Chris Imbs and his dedicated team will integrate with Gallagher’s South Central retail property/casualty brokerage operations. They will report directly to regional leader Bret VanderVoort.
“The expertise and exceptional client relations of the Imbs team will significantly bolster our retail brokerage capabilities in the region,” stated J. Patrick Gallagher, Jr., chairman and CEO of Arthur J. Gallagher & Co. “I am thrilled to welcome Chris and his talented associates to the Gallagher family.”
This strategic move in the U.S. is complemented by Gallagher’s ongoing international expansion, as evidenced by their recent acquisition of Australia-based Tresidder Insurance Brokers. This firm operates in Victoria and Queensland, offering property and casualty services for both commercial and personal lines clients. Tresidder specializes in sectors such as manufacturing, food and beverage, biotech, and agriculture.
“Tresidder Insurance Brokers is a highly esteemed firm that will augment our client-service capabilities in the Australian market,” Gallagher remarked. The Tresidder team will be integrated into Gallagher’s Australia specialty broking division.
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