AJ Gallagher to acquire Eastern Insurance for $510mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

AJ Gallagher to acquire Eastern Insurance for $510mn

Kyoung-son Song
September 19, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
gallagher logo chicago.jpg

AJ Gallagher has entered into a definitive agreement to acquire Eastern Insurance from parent company Eastern Bankshares for approximately $510mn in cash.

According to an announcement from the parent, Eastern Insurance is the third largest bank-affiliated insurance brokerage in the US.

Piper

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Brokers M&A AJ Gallagher
kyoung-son song ii us.png
Kyoung-son Song
Senior Reporter
Contact
Gift this article