Arthur J. Gallagher buys W K Webster

(RTTNews) - Arthur J. Gallagher & Co. (AJG), an insurance brokerage and risk management services provider, said on Monday that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd for an undisclosed sum.

W K Webster, a British company, specializes in marine and transit claims management to serve the insurers and self-insured corporations. J. Patrick Gallagher, Jr., CEO of AJG, said: "As a leader in marine and transit claims services, W K Webster brings longstanding market expertise and expands Gallagher Bassett's specialty capabilities globally." 

W K Webster has offices in Singapore, the U.S., and the Netherlands.