Arthur J. Gallagher acquires Ornella Underwriting Limited

ROLLING MEADOWS, Ill., Oct. 7, 2026 // -- Arthur J. Gallagher & Co. today announced that its specialist underwriting subsidiary Pen Underwriting has acquired Wexford, Ireland-based Ornella Underwriting Limited (Ornella). Terms of the transaction were not disclosed. Ornella is a managing general agent (MGA) providing a diverse range of commercial and personal insurance coverages across Ireland through its network of independent broker partners, with particular expertise in private car, van, home and motor fleet. The business will become part of Pen Underwriting, and Paul Whelan will continue to lead the team from its current location under the direction of Michael Doyle, head of Pen Underwriting's operations in Ireland. "Ornella is a highly regarded firm that will strengthen and expand our underwriting capabilities in Ireland, providing complementary expertise and further growth opportunities," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am pleased to welcome Paul and his associates to our growing, global team." Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants. Investor Relations: Sara Walsh, CFA Media Relations: Paul Day 630-285-3593 / sara_walsh@ajg.com 630-285-5946 / paul_day1@ajg.com View original content to download multimedia: SOURCE Arthur J. Gallagher & Co. (END) Dow Jones Newswires October 07, 2026 10:00 ET (14:00 GMT) The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.