First Actuarial bought by Gallagher
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US-based insurance broker Arthur J. Gallagher & Co has bought UK pensions consultancy First Actuarial for an undisclosed sum.
First Actuarial provides pension administration, employee benefits, consultancy and investment services to employers and pension plan trustees in the UK, including social housing schemes.
The consultancy’s team, led by David Joy, will stay in their current locations, guided by David Piltz, head of Gallagher's UK benefits and HR consulting division.
First Actuarial provides pension administration, employee benefits, consultancy and investment services to employers and pension plan trustees in the UK, including social housing schemes.
The consultancy’s team, led by David Joy, will stay in their current locations, guided by David Piltz, head of Gallagher's UK benefits and HR consulting division.
"First Actuarial is a highly regarded firm that expands our pension service capabilities in the UK and complements our employee benefits consulting operations," said Gallagher chair and chief executive, J. Patrick Gallagher, Jr.
The global insurance broker has been expanding its presence in the UK pensions consulting market, buying Buck in 2022 and Redington in 2024.
Rival insurance broker Howden, headquartered in London, bought Barnett Waddingham and Evelyn Partners this year.
The global insurance broker has been expanding its presence in the UK pensions consulting market, buying Buck in 2022 and Redington in 2024.
Rival insurance broker Howden, headquartered in London, bought Barnett Waddingham and Evelyn Partners this year.
