APOLLO Joins the Gallagher Companies, Accelerating Its AI-Powered Digital Insurance Platform

• APOLLO Insurance Solutions Ltd. (APOLLO) has entered into an agreement to become part of Arthur J. Gallagher & Co. (NYSE: AJG).

• APOLLO will continue to operate under its own brand, with the same leadership and team serving its customers and partners.

• Backed by Gallagher's global resources and expertise, APOLLO plans to accelerate growth of its AI-powered platform and expand its digital insurance products across Canada.

August 05, 2026 — APOLLO Insurance Solutions Ltd. ("APOLLO"), a Vancouver-based digital insurance broker and managing general agency, announced today it has entered into an agreement to become part of Arthur J. Gallagher & Co. ("Gallagher"), a global insurance brokerage, risk management and consulting services firm. The move accelerates APOLLO's mission to modernize how individuals, businesses, and brokers can purchase personal and commercial insurance instantly, on any device, 24/7. 

"Joining Gallagher helps us continue delivering the digital experience our customers expect, while gaining access to the resources and expertise of a global organization," said Jeffrey McCann, Founder & President, APOLLO. "Our AI-powered platform lets customers, businesses, and brokers get a quote and bind in minutes, and with Gallagher’s backing we can bring that experience to even more Canadians, faster.” 

Since 2018, APOLLO has grown to manage insurance for over 500,000 individuals and businesses across personal and commercial lines, with a network of 150+ partner organizations providing embedded tenant insurance, and 9,500+ brokers registered on its Exchange marketplace. That same AI-powered platform also drives programs like its Best Price Guarantee, which uses AI to analyze the insurance documents a customer submits and guarantee a better price, saving Canadian renters an average of $84 a year on tenant insurance. This transaction is expected to accelerate that growth further by reaching more customers, expanding product lines, and growing partnerships across the country. 

"APOLLO's digital-first platform and embedded insurance model are a strong complement to our growing Canadian retail and wholesale brokerage operations," said J. Patrick Gallagher, Jr., Chairman and CEO. "We're excited to help accelerate APOLLO's growth and bring its technology to even more of the Canadian market."

Scotiabank acted as exclusive financial advisor to APOLLO and provided a fairness opinion to the Board of Directors in connection with the transaction.  Blakes, Cassels & Graydon LLP served as legal counsel and PricewaterhouseCoopers LLP provided financial and tax due diligence services.

About APOLLO Insurance Solutions Ltd.

APOLLO Insurance (“Apollo Insurance Solutions Ltd. and its subsidiaries”) is Canada’s leading provider of online insurance products. Our proprietary platform allows insurance agents and their customers to purchase their policy immediately, from anywhere, on any device, 24/7. Unlike traditional paper-based processes, APOLLO Insurance leverages extensive data and sophisticated algorithms to quote, collect payment, and issue policies without human intervention.

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.