Arthur J. Gallagher & Co. expands with acquisition of My Plan Manager Group

In a significant move within the insurance and disability services industry, Arthur J. Gallagher & Co. has announced the acquisition of My Plan Manager Group Pty Ltd (My Plan Manager), an Adelaide, South Australia-based leader in plan management services for participants in Australia’s National Disability Insurance Scheme. The terms of this strategic transaction were not disclosed.

My Plan Manager, founded in 2014, has emerged as a leading provider in the sector, significantly impacting outcomes for people living with a disability. The acquisition reflects Arthur J. Gallagher & Co.’s commitment to strengthening its portfolio in disability services and expanding its reach within Australia.

Following the acquisition, the My Plan Manager team will operate under the direction of Pete Nicholson, head of Gallagher Bassett’s Australian operations. This integration promises to leverage the expertise of both organizations in delivering enhanced services to clients.

See also  Colliers International stuns market with lowered FY24 targets, shares nosedive
Strategic Growth in Disability Insurance: Arthur J. Gallagher & Co. Acquires My Plan Manager
Strategic Growth in Disability Insurance: Arthur J. Gallagher & Co. Acquires My Plan Manager

J. Patrick Gallagher, Jr., Chairman, President and CEO of Arthur J. Gallagher & Co., highlighted the alignment in values and commitment to inclusion between the two companies. “As a leader in supporting better outcomes for Australia’s disability community, My Plan Manager shares our commitment to inclusion and represents an excellent cultural fit,” he stated. “Together, Gallagher Bassett and My Plan Manager’s enhanced capabilities will serve the community through Australian government insurance schemes, provide tremendous opportunities for personal and professional growth, and deliver superior outcomes for our clients.”

Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm based in Rolling Meadows, Illinois, continues to expand its global footprint. With operations in approximately 130 countries, Gallagher is renowned for its expertise in various sectors, including disability insurance services. This acquisition of My Plan Manager, a pioneer in plan management for individuals with disabilities, signifies a strategic enhancement to Gallagher’s diverse service offerings.

See also  Crompton Greaves secures major solar pump work order under PM Kusum Scheme in Haryana

This strategic acquisition by Arthur J. Gallagher & Co. underscores the company’s commitment to expanding its services in the insurance sector, specifically focusing on providing quality support and resources to individuals living with disabilities. The merger of My Plan Manager into Gallagher’s operations is expected to create new synergies and drive innovation in disability plan management, further solidifying Gallagher’s position as a leader in the global insurance and consulting services industry.

As the insurance and disability services market continues to evolve, this acquisition positions Arthur J. Gallagher & Co. as a key player in shaping the future of disability insurance services, demonstrating its dedication to enhancing the quality of life for individuals with disabilities through innovative and comprehensive insurance solutions.

See also  City Union Bank reports strong Q3 FY24 performance with significant growth

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.