Gallagher to buy insurance broker Woodruff Sawyer in $1.2 billion deal-February 2024-www.financetom.com

Gallagher to buy insurance broker Woodruff Sawyer in $1.2 billion deal

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Gallagher to buy insurance broker Woodruff Sawyer in $1.2 billion deal

Mar 4, 2025 3:03 PM

(Reuters) - Insurance broker Arthur J. Gallagher ( AJG ) said on Tuesday it would acquire rival Woodruff Sawyer in a $1.2 billion deal.

San Francisco, California-based Woodruff Sawyer provides property and casualty insurance products, employee benefits offerings and risk management services.

The deal is expected to close during the second quarter of 2025.

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