Arthur J. Gallagher & Co. has announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Mays Brown Limited, doing business as Mays Brown Solicitors, a boutique maritime law firm based in London. Financial terms of the transaction were not disclosed.
Mays Brown Solicitors specializes in shipping and maritime legal services for a global client base that includes shipowners, operators, charterers, protection and indemnity clubs, insurers, and shipyards. The acquisition adds niche legal expertise to Gallagher Bassett’s existing marine capabilities, strengthening the subsidiary’s ability to serve clients across the international maritime sector. The Mays Brown Solicitors team will remain in their current London location following the transaction.
The firm is led by Joe Mays, David Wartski, and Stephen Grainger, who will continue in their roles under the direction of Manan Sagar, head of Gallagher Bassett’s Europe, Middle East and Asia operations. The addition of the Mays Brown team brings specialized maritime legal knowledge into Gallagher Bassett’s broader claims and risk management platform, which operates across global marine and specialty insurance markets.
Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Illinois, and provides insurance brokerage, risk management, and consulting services across approximately 130 countries through its owned operations and a network of correspondent brokers and consultants.
KEY QUOTES:
“Mays Brown Solicitors is a highly regarded firm whose niche expertise enhances Gallagher Bassett’s marine and legal capabilities. I am very pleased to welcome Joe, David, Stephen and their associates to our growing, global team.”
— J. Patrick Gallagher, Jr., Chairman and CEO, Arthur J. Gallagher & Co.
