LONDON (dpa-AFX) - Arthur J. Gallagher & Co. (AJG), an insurance brokerage,
risk management and consulting services firm, announced Monday that its captive
and alternative risk transfer solutions subsidiary, Artex, has acquired
London-based Implement Compliance Solutions & Resources Limited or ICSR. The
financial terms of the acquisition were not disclosed.

ICSR provides consulting and support services on compliance, governance, risk
and operations to insurance firms primarily in the U.K. Following the deal,
Kenneth Underhill and his team will remain in their current location under the
direction of Paul Eaton, head of Artex EMEA.

J. Patrick Gallagher, Jr., Chairman and CEO, said, 'ICSR represents an excellent
strategic fit for Artex and will strengthen our capabilities in serving clients
undergoing regulatory and transformational change.'



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