Health Insurance Consultants Australia (HICA), a highly regarded health insurance consultancy and brokerage firm with over 30 years of experience serving a variety of clients in Australia, has been recently acquired by Arthur J. Gallagher & Co. The specific terms of the transaction were not disclosed, but HICA will continue to operate from their current location under the leadership of Graham Campbell, who heads Gallagher’s employee benefits and HR consulting operations in Australia.
The acquisition reflects Arthur J. Gallagher & Co.’s commitment to expanding its presence in the Australian market and bolstering its capabilities in the employee benefits and HR consulting sector. The addition of HICA’s expertise and experience will further strengthen the firm’s offerings and provide added value to its clients in Australia.
Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm, offers its services in approximately 130 countries through its owned operations and a network of correspondent brokers and consultants. This strategic move is in line with the company’s overall growth strategy and underscores its dedication to providing top-notch services to clients around the world.
J. Patrick Gallagher Jr., chairman and CEO of Arthur J. Gallagher & Co., expressed his excitement about the acquisition, stating that HICA’s track record of growth will significantly enhance their benefits consulting capabilities in Australia. He warmly welcomed Suzanne Still, Jethro Still, and their team to join the expanding global team at Arthur J. Gallagher & Co.
This acquisition is expected to further solidify HICA’s position as a leading health insurance consultancy and brokerage firm in Australia while also providing new opportunities for growth for both companies involved.
Overall, this strategic move underscores Arthur J. Gallagher & Co.’s continued commitment to delivering exceptional service to its clients globally while also expanding its reach into new markets like Australia.
