Terms of the transaction were not disclosed.
Atlas General Insurance Services began in 2009, with a niche focus on California workers’ compensation. The company has grown strategically over the past seven years, becoming a national enterprise across numerous territories and diversifying its portfolio of product offerings. Atlas now offers a broad commercial products line, as well as a division dedicated to specialty property needs.
While Atlas’ workers’ comp coverage has grown to include a wide range of industries through their exclusive partnership with Falls Lake Insurance Companies, the company is also focused on growing through the cultivation of its commercial division. Atlas remains dedicated to strengthening its diverse product offerings through the creation of exclusive programs with carrier partners while maintaining excellent service standards.
Mike Mathews, Charles Lasher and their associates will remain in their current location under the direction of Joel Cavaness, president of Risk Placement Services, Inc., Gallagher’s U.S.-based wholesale brokerage division.
Mike Mathews is responsible for the development and national distribution of the Workers’ Compensation Division. Prior to Atlas, Mathews led program development and distribution at Arrowhead General Insurance Agency in the Workers’ Compensation Division. He has over twenty years of industry experience with a multi-line underwriting background from Ohio Casualty and Liberty Mutual. Mathews also served as Marsh’s Workers’ Compensation Practice Leader for ten years.
Charles Lasher is responsible for the development and oversight of Atlas General’s commercial division. Charles came to Atlas in 2015 and has built products, managed programs, and national distribution for the commercial division. Charles has over 15 years of experience in the insurance industry working with MGA’s focused on program business. Charles is a graduate from California State University Fullerton.
“Atlas is a highly-regarded program administrator that brings RPS deep market expertise, a complementary book of business and a best-in-class workers comp platform,” said J. Patrick Gallagher, Jr., Chairman, President and CEO of Gallagher. “We are delighted to welcome Mike, Charles and their associates to our growing global team.”
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 49 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.