Gallagher’s captive Artex Risk Solutions acquires Allied Risk Management
Arthur J. Gallagher & Co’s captive, Artex Risk Solutions, has acquired Ireland-based Allied Risk Management. Headquartered in Dubin, Allied Risk provides insurance and reinsurance management services, as well as actuarial services to clients globally. Former-owner Frank Coyle and director Áine Madigan, and their team, will remain in their current location under Paul Eaton, head of Artex International. J. Patrick Gallagher, chairman, president and CEO, comments: "Allied Risk is a highly respected company that will enhance Artex's insurance management and actuarial capabilities."