Arthur J. Gallagher Acquires Reck & Co. in Germany
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Acquisition Overview: Arthur J. Gallagher announced the acquisition of Bremen-based Reck & Co. by its subsidiary Gallagher Bassett, marking a strategic expansion into global transport and marine claims services, although transaction terms remain undisclosed.
- Service Integration: Reck & Co. specializes in global transport and marine claims services, including surveying, claim handling, recovery, and loss prevention, which is expected to enhance Gallagher Bassett's service capabilities and strengthen its competitive position in the market.
- Management Team Stability: The Reck & Co. team will continue to operate at their current location under the leadership of Manan Sagar, head of Gallagher Bassett's Europe, Middle East, and Asia operations, ensuring business continuity and facilitating integration efforts.
- Strategic Growth Direction: This acquisition aligns with Gallagher's dual growth strategy aimed at increasing market share through both organic growth and M&A approaches, further solidifying its leadership position in the insurance and risk management industry.
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Analyst Views on AJG
Wall Street analysts forecast AJG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AJG is 288.18 USD with a low forecast of 247.00 USD and a high forecast of 334.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
5 Buy
6 Hold
1 Sell
Moderate Buy
Current: 245.840
Low
247.00
Averages
288.18
High
334.00
Current: 245.840
Low
247.00
Averages
288.18
High
334.00
About AJG
Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services company. The Company’s segments include brokerage, risk management and corporate. The brokerage segment operations provide brokerage and consulting services to entities of all types, including commercial, nonprofit, public sector entities, insurance companies and insurance capital providers, and to a lesser extent, individuals, in the areas of insurance and reinsurance placements, risk of loss management, and management of employer- sponsored benefit programs. The risk management segment operations provide contract claim settlement, claim administration, loss control services and risk management consulting for commercial, non-profit, captive and public sector entities, and various other organizations that choose to self-insure property/casualty coverage or choose to use a third party claims management organization rather than the claim services provided by an underwriting enterprise.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Arthur J. Gallagher Acquires Reck & Co. to Enhance Claims Services
- Acquisition Announcement: Arthur J. Gallagher & Co. has announced the acquisition of Bremen-based Reck & Co., although the terms of the transaction remain undisclosed, this move is expected to enhance its claims service capabilities in Europe.
- Market Expansion: Reck & Co. is a specialist provider of global transport and marine claims services, and its integration will expand Gallagher Bassett's claims service offerings in Europe, further solidifying its market position.
- Team Continuity: The Reck & Co. team will continue to operate from their current location under the leadership of Manan Sagar, head of Gallagher Bassett's Europe, Middle East, and Asia operations, ensuring continuity and expertise in service delivery.
- Industry Reputation: With a strong reputation in the global marine insurance market, J. Patrick Gallagher, Jr., CEO of Arthur J. Gallagher, expressed excitement about welcoming Reck & Co.'s team, which is anticipated to bring new growth opportunities to the company.

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Arthur J. Gallagher Acquires Reck & Co. in Germany
- Acquisition Overview: Arthur J. Gallagher announced the acquisition of Bremen-based Reck & Co. by its subsidiary Gallagher Bassett, marking a strategic expansion into global transport and marine claims services, although transaction terms remain undisclosed.
- Service Integration: Reck & Co. specializes in global transport and marine claims services, including surveying, claim handling, recovery, and loss prevention, which is expected to enhance Gallagher Bassett's service capabilities and strengthen its competitive position in the market.
- Management Team Stability: The Reck & Co. team will continue to operate at their current location under the leadership of Manan Sagar, head of Gallagher Bassett's Europe, Middle East, and Asia operations, ensuring business continuity and facilitating integration efforts.
- Strategic Growth Direction: This acquisition aligns with Gallagher's dual growth strategy aimed at increasing market share through both organic growth and M&A approaches, further solidifying its leadership position in the insurance and risk management industry.

Continue Reading





