Global insurance brokerage firm Arthur J. Gallagher & Co. has acquired Ashton Tiffany, based in Phoenix, Arizona, for an undisclosed price.
Established in 1995, Ashton Tiffany is a full-service risk program administrator that caters to clients across Arizona.
Ashton Tiffany is engaged in developing and managing public entity risk pools. Its founders John Ashton and Michael Tiffany, Jr., along with their associates, will continue to operate from their existing location as part of Arthur J. Gallagher’s risk program administrators (RPA) unit.
The risk program administrators unit was created by Arthur J. Gallagher in 2016, in particular, to cater to public entity pools and programs, under the leadership of Cynthia LaMantia, head of the group’s Great Lakes region retail property/casualty brokerage operations.
J. Patrick Gallagher Jr. – Chairman, President and CEO of Arthur J. Gallagher said: “Ashton Tiffany has earned an excellent reputation as a risk program administrator. Gallagher’s decades-long experience with managing risk pools, combined with Ashton Tiffany’s market recognition and attractive proprietary administrative tools, strongly positions us for continued growth in this area.”
Arthur J. Gallagher acquires risk program administrator Ashton Tiffany added by Pallavi Madhiraju on
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