DURHAM-BASED Giles Insurance Brokers has announced a major rebrand following its recent acquisition by leading insurance broker Arthur J. Gallagher.
The Giles branch in Durham has made the transition to the Arthur J. Gallagher brand, fully aligning the two businesses with a common identity as they seek to build on their combined success, which has created a top three UK commercial retail insurance broker.
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Arthur J. Gallagher, based at Belmont Business Park, employs 20 people and offers tailored insurance solutions across a wide range of sectors, with local clients ranging from leading legal practices and software solutions providers, through major construction companies to engineering firms and telecoms enterprises.
The company’s £233 million acquisition of the Giles group of companies last November marked a transformational deal that radically expanded its UK geographic footprint, bringing into the fold 36 new regional branch locations across England, Scotland, Wales, Northern Ireland, the Isle of Man and the Channel Islands.
It brought together two high-performing businesses that, combined, are delivering even better propositions to clients due to the complementary nature of their industry specialisms and areas of expertise. The deal demonstrated a huge acceleration of the company’s UK commercial broking ambitions, and also brought significant growth prospects for its underwriting operations.
Jon Simpkin, regional managing director for the North-East, says: “Following the acquisition, our top priority was delivering a successful integration of the two businesses with minimum interruption to our valued customers.
“We are delighted to announce the completed rebrand of Giles Insurance Brokers to Arthur J. Gallagher across the UK.
“For our customers in Durham, however, it will still be very much business as usual and the same experienced team of dedicated professionals, led by branch director David Cook, will continue to provide the highest standards of service to all of our valued clients, irrespective of size or complexity.
“Going forward now, we are able to significantly widen our offering, providing more choice and better value for our business partners.”
To contact the Durham branch, call 0191 3753400.