Arthur J. Gallagher acquires Quebec-based brokerage

GPL Assurance Inc. is located in Laval and Montreal

Arthur J. Gallagher has a stronger presence in Quebec with its recently announced acquisition of GPL Assurance Inc.

GPL is a brokerage company that specializes in developing tailored risk management and insurance solutions for large corporates, mid-market and smaller business clients as well as personal lines solutions for private individuals across the province of Quebec. GPL has particular sector specialties in commercial and small and medium enterprises, construction and the knowledge-based economy, which includes technology and health sciences companies. The brokerage is based in Montreal and Laval.

“Over the past 50 years, GPL has built an enviable reputation in Quebec for strong organic growth and outstanding client servicing, based on value-added, professionalism and the creation of trusted long-term relationships,” says Stephen Bryant, national president for Arthur J. Gallagher in Canada, in a statement.

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“This makes them a great new partner for Gallagher Canada, where geographic diversification and strategic expansion into Quebec has been a natural priority, completing as it does our presence in all of Canada’s major economic centres,” he adds.

With this deal, Gallagher now has 900 employees in Canada.

“Becoming part of Gallagher, with its global resources and strong regional operations around the world, will enable us to continue our journey of profitable growth,” says Louis-Thomas Labbé, president and CEO of GPL through a statement. We will be in a position to increase the support offered our clients by guaranteeing additional access to industry specialties and to a network of local offices located in major markets throughout the globe.”

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Transcontinental Media G.P.