Arthur J. Gallagher & Co. Announces Strategic Acquisition in Rolling Meadows, Illinois
March 7, 2025 – Rolling Meadows, IL: Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management, and consulting services firm, announced today the acquisition of Rolling Meadows-based Risk Management Associates, Inc. (RMA). This transaction strengthens Gallagher’s presence in the Midwest and broadens its risk management capabilities.
About Risk Management Associates, Inc.
Founded in 1978, RMA is a leading risk management consulting firm specializing in property and casualty insurance, loss control, and safety services. Their team of experienced professionals has built a strong reputation for delivering customized risk management solutions to clients across various industries, including manufacturing, healthcare, education, and construction.
Gallagher’s Strategic Growth
This acquisition marks another significant step in Gallagher’s strategic growth plan. The addition of RMA’s expertise aligns with the company’s commitment to providing comprehensive risk management services to its clients. With this acquisition, Gallagher’s team will expand to over 10,000 professionals, serving clients in more than 150 countries around the world.
Impact on Clients
For clients of both Gallagher and RMA, this acquisition brings several benefits:
- Expanded Expertise: RMA’s risk management consulting services will complement Gallagher’s existing insurance brokerage offerings, providing clients with a more comprehensive suite of risk management solutions.
- Local Presence: RMA’s Rolling Meadows office will bolster Gallagher’s Midwest presence, allowing for better local service and support to clients in the region.
- Innovative Solutions: The combined expertise of both organizations will enable the development of new risk management solutions, further enhancing the value proposition for clients.
Global Impact
Beyond the local level, this acquisition will have a significant impact on the global risk management industry:
- Competitive Landscape: Gallagher’s acquisition of RMA further solidifies its position as a leading player in the risk management industry, increasing competition among its peers.
- Industry Trends: The continued consolidation of risk management firms highlights the growing importance of risk management services in today’s business landscape.
- Client Expectations: With increasing competition, clients will demand more value from their risk management partners, driving innovation and the need for comprehensive solutions.
Conclusion
Arthur J. Gallagher & Co.’s acquisition of Risk Management Associates, Inc. marks a strategic expansion for the global insurance brokerage firm. This transaction enhances Gallagher’s risk management capabilities, strengthens its Midwest presence, and broadens its expertise to better serve clients. As the risk management industry continues to evolve, Gallagher’s commitment to delivering comprehensive solutions will position it as a leader in the market.
For individuals and businesses seeking risk management services, this acquisition highlights the importance of partnering with a firm that can provide a complete suite of offerings. By working with a leading organization like Gallagher, clients can benefit from the latest risk management solutions, local expertise, and a global perspective.
