Birmingham-based commercial insurance broker the Oval Group is to be renamed following its acquisition by Arthur J Gallagher.

The combined business has created one of the 海角视频鈥檚 top three commercial retail insurance brokers.

Oval鈥檚 rebrand comes in the wake of Giles Insurance Brokers in Birmingham becoming part of the Arthur J Gallagher brand earlier this year.

Arthur J Gallagher in Birmingham now employs more than 200 people across three offices on Newhall Street, Cornwall Street and Temple Row and specialises in insurance for property, corporate risks, charities and care, professional indemnity, waste management, trade credit and private clients.

Arthur J Gallagher鈥檚 拢199 million acquisition of Oval in April saw it significantly expand its 海角视频 footprint, bringing into the fold 20 new regional branch locations across England, Scotland, Wales and Northern Ireland.

The firm said Oval鈥檚 strong retail broking position in the 海角视频 and focus on medium to large corporate clients provided 鈥渁 powerful complement鈥 to the SME-bias of Arthur J Gallagher鈥檚 existing commercial insurance broking business.

The Oval acquisition means Arthur J Gallagher is now responsible for 拢1 billion of insurance premiums from more than 70 branch locations across the 海角视频, employing approximately 2,000 people.

Peter Matthews, regional managing director for the Midlands, said: 鈥淔ollowing the acquisition, our top priority was delivering a successful integration of the two businesses with minimum interruption to our valued customers.

鈥淲e鈥檙e delighted to announce the completed rebrand of Oval to Arthur J Gallagher across the 海角视频.

鈥淔or our customers in Birmingham, it is very much business as usual.

鈥淭hat said, we are now able to significantly widen our offering, providing more choice and better value for our business partners.鈥