John Elliott on Wesfarmers Insurance Sale
Insurance Business magazine sought the expert opinion of Elliott Insurance’s John Elliott following Arthur J Gallagher’s acquisition of Wesfarmers’ broking and premium funding businesses.
Wesfarmers’ broking divisions have been bought out by Arthur J Gallagher, an American based Insurance brokerage and risk management firm. The deal is reported to be worth in excess of $1B and has sent shockwaves throughout the industry.