Jump Main Menu. Go directly to the main content

News

Start of main content

March R.S. partners with international broker Gallagher in Spain

04 March 2022 Category: Agreements

March Risk Solutions (March R.S.), a wholly-owned subsidiary of Banca March and the leading Spanish-owned insurance broker, announces its incorporation into the Gallagher Global Network (GGN).

  • March R.S. is now part of Gallagher's Global Network, maintaining full independence in its customer-facing operations.
  • The agreement will allow March R.S. to reinforce its global strategy and expand its range of solutions.

 

March Risk Solutions (March R.S.), a wholly-owned subsidiary of Banca March and the leading Spanish-owned insurance broker, has joined the Gallagher Global Network (GGN), one of the largest international insurance broker networks which offers customer service capabilities in more than 150 countries and is owned and operated by Gallagher.

This agreement will allow March R.S. to strengthen its position as a global broker without sacrificing its independence in the management of its international business or its access to global markets, which has been a hallmark of the company since its inception and affords it greater flexibility to adapt to its customers' needs.

The GGN is a global network comprising both offices owned by Gallagher and market-leading local partner brokers, which are selected for their expertise and experience, their excellent reputation in the local market and the quality of the services they provide.

Gallagher is a leading global insurance brokerage, risk management, and consulting firm with over 34,000 employees worldwide, offices in more than 56 countries and revenues of over 6 billion dollars.

Members of the GGN enjoy a significant global footprint, access to local technical expertise and to an experienced team dedicated to ensuring that multinational clients obtain a consolidated view of their risk exposure and an insurance programme which covers the full spectrum of their global risks.

They also have access to Gallagher's broad range of specialist and wholesale brokers.

Alfonso García Larríu, CEO of March RS, said: “We are very pleased with this agreement, which will undoubtedly be of great benefit to both companies' customers. We are both family-built, customer-centric businesses and we share crucial core values, such as specialisation, integrity and trust.” This partnership, he added, “is an ideal instrument to allow March R.S. to enhance its solvency and strength in the international market whilst maintaining its autonomy and independence.”

John Durkin, Vice President Global Alliances at Gallagher, said: “We are delighted to have March R.S. as a partner and to strengthen the Gallagher global network through this agreement. Our goal is to work with strong partners - partners which foreground customer needs - in every market. March R.S. has a very strong business philosophy and family values which we believe are important. We hope this partnership will be long-lasting and mutually beneficial.”

End of main content

.