A strategic move that enhances Gallagher’s pensions, benefits, and advisory capabilities across the UK
London, United Kingdom, 2 December 2025 – Arthur J. Gallagher & Co. has strengthened its presence in the UK pensions and benefits sector with the acquisition of First Actuarial, a respected consultancy known for its actuarial expertise, pension administration services, and employee benefits advice. While financial terms were not disclosed, the deal marks a significant expansion of Gallagher’s advisory footprint in the British market.
First Actuarial operates across multiple UK locations and serves employers as well as pension scheme trustees. Under the acquisition, the existing leadership team, headed by partner David Joy, will continue operating from their current offices. They will now form part of Gallagher’s UK Benefits and HR Consulting Division, led by David Piltz.
Chairman and CEO J. Patrick Gallagher Jr. praised the addition, noting that First Actuarial enhances the company’s pension service capabilities and aligns seamlessly with its expanding employee benefits consulting operations. He also extended a warm welcome to the team, emphasizing Gallagher’s commitment to growing its global advisory network.
The move comes at a time when Gallagher is reshaping its UK operations following several high-profile acquisitions. The company recently integrated AssuredPartners, adding nearly 1,000 employees across the UK and Ireland, prompting the reorganization of its UK Retail division into dedicated commercial and corporate units. The goal is to better serve both mid-market and large, complex clients.
Gallagher has also continued to invest in specialist capabilities within the UK. Earlier this year, the company announced plans to acquire Bircroft Insurance Services, a London-based broker specializing in real estate insurance for property owners, investors, and developers. That business will integrate into Gallagher’s UK and Ireland retail real estate practice.
Beyond the UK, Gallagher is extending its acquisition strategy into continental Europe. Its planned purchase of Finnish retail broker Finib OY, serving more than 10,000 clients, adds further scale to Gallagher’s Nordic operations and complements existing businesses in Sweden and Norway.
These strategic expansions have contributed to Gallagher’s strong financial performance. In Q3 2025, the company reported revenues of US$3.33 billion, a 20% increase from the previous year, supported by organic growth and approximately US$450 million in additional revenue from recent acquisitions.
