Arthur J. Gallagher (AJG) Acquires Twin Elms

Arthur J. Gallagher & Co. (NYSE:AJG) is one of the 12 Undervalued Financial Stocks to Buy Now.

On May 26, 2026, Arthur J. Gallagher & Co. (NYSE:AJG) announced the acquisition of West Palm Beach, Florida-based Twin Elms. Terms of the transaction were not disclosed. Twin Elms is a retail insurance broker focused on environmental insurance products and services for U.S. clients.

On May 21, 2026, Morgan Stanley lowered the firm’s price target on Arthur J. Gallagher & Co. (NYSE:AJG) to $240 from $265 and maintained an Overweight rating on the shares. Morgan Stanley noted that most property and casualty insurance companies saw slower premium growth but substantial underwriting profit in Q1, while expecting pricing and premiums to deteriorate further.

Arthur J. Gallagher (AJG) Acquires Twin Elms

Pixabay/Public Domain

On May 20, Arthur J. Gallagher & Co. also announced that its U.S. wholesale brokerage, binding authority, and programs division, Risk Placement Services, acquired King of Prussia, Pennsylvania-based McKee Risk Management. Terms of the transaction were not disclosed. McKee Risk Management is a program administrator providing underwriting, policy administration, claims coordination, and risk management services, with program focuses in construction, public entity, and property. Clyde McKee III, Clyde McKee IV, and their team will operate under RPS’s program administration division.

Arthur J. Gallagher & Co. (NYSE:AJG) provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services worldwide.

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