Gallagher Bassett swoops for property-repair firm

Arthur J. Gallagher has announced that its risk management services subsidiary, Gallagher Bassett, has acquired UK-based HMG-PCMS, a division of HM Group. Terms of the transaction were not disclosed.

HMG-PCMS provides property-repair services to insurers and commercial third-party claims administrators through a network of independent contractors. Company head Nic Sproul and his team will continue to operate from their current location and will report to Simon Pemberton (pictured), head of Gallagher Bassett’s UK operations.

“HMG-PCMS has a highly skilled service team that will enable GB-UK to expand its recently introduced property repair management service,” said Scott R. Hudson, president and CEO of Gallagher Bassett Services. “We are very pleased to welcome Nic and his associates to GB’s growing global team.”