Arthur J. Gallagher & Co. has acquired Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera), an insurance and reinsurance brokerage firm based in Istanbul, Türkiye, in an undisclosed transaction.

Aspera specialises in clients operating in sectors including energy & power, industrial property, financial lines, construction, and aviation & space.

Founding partner Evrim Özkoç and the broking team will continue with the business. They will operate under the leadership of Gündüz Tezel, who heads Gallagher’s operations in Türkiye.

“Aspera is a highly regarded firm whose market expertise will enhance our existing brokerage capabilities in Türkiye,” said J. Patrick Gallagher, Jr., Chairman and CEO. “I am very pleased to welcome Evrim and his associates to our growing, global team.”

This acquisition is part of Gallagher’s ongoing expansion strategy. Some of its recent acquisitions include California-based Cornerstone and Florida’s The John Galt Insurance Agency.

The post A.J. Gallagher to enhance brokerage capabilities in Türkiye with Aspera acquisition appeared first on ReinsuranceNe.ws.