Insurance brokerage Arthur J. Gallagher acquires UK investment consulting firm Redington to boost consulting services.

Arthur J. Gallagher & Co., an Illinois-based insurance brokerage, has acquired the London investment consulting firm Redington Ltd. The acquisition aims to enhance Gallagher’s consulting services, particularly for pension funds and wealth managers, by leveraging Redington's expertise in investment research and modeling. Redington's team, led by Sylvia Pozezanac, will continue operations under David Piltz within Gallagher's UK division. The financial terms of the deal remain undisclosed.