Tuesday, September 16, 2008

Arthur J. Gallagher Purchases Oxygen Ins. Managers

Arthur J. Gallagher & Co. announced the acquisition of Oxygen Insurance Managers Ltd., of London, England, from its parent, Oxygen Holdings Plc.

Oxygen Insurance Managers (OIM) is a Financial Services Authority (FSA) authorized underwriting agency representing a number of major insurance companies and Lloyd's Syndicates, acting directly or through a local intermediary.

OIM specializes in international classes of insurance such as liability, extended warranty, cargo and specie, property, and group personal accident and travel. Sian Fisher and her associates will continue to operate out of their current Fenchurch Street location as OIM Underwriting Ltd. under the direction of David Ross, CEO of Arthur J. Gallagher (UK) Limited, Gallagher's FSA-authorized broker and approved Lloyd's of London broker.

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