Illinois-based Arthur J. Gallagher & Co., a global insurance brokerage, announced Dec. 3 that it has acquired Sault Ste. Marie, Ontario-based Dawson & Keenan Insurance Ltd.
Dawson & Keenan Insurance is a retail brokerage serving personal and commercial lines clients in Northern Ontario.
“Larry Day and his team will remain in their current location under the direction of Dave Partington, head of Gallagher’s Canadian retail property and casualty brokerage operations,” the company added in the statement about the acquisition.
The deal is the second in 2024 for Arthur J. Gallagher after its reinsurance division, Gallagher Re, acquired Toronto, Ontario-based MGB Re in January. It is also the third in two years, after the firm acquired A.H. Horn and Associates in Ontario in August 2023.
Terms of the latest acquisition were not announced.