AIG to Acquire Glatfelter Insurance Group

Willkie represented Glatfelter Insurance Group, one of the largest privately owned insurance brokers in the United States, in its acquisition by global insurer American International Group, Inc.

On September 21, leading global insurer American International Group, Inc. (NYSE: AIG) announced it has entered into a definitive agreement to acquire Willkie client Glatfelter Insurance Group, a full-service broker and insurance company providing services for specialty programs and retail operations. Headquartered in York, Pennsylvania, Glatfelter brings high-quality program underwriting capabilities that will accelerate the strategic positioning of AIG’s General Insurance business. Glatfelter’s operations include approximately 3,000 brokers serving approximately 30,000 insureds in the U.S. and Canada.

Founded in 1919, AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. Glatfelter is one of the largest privately owned insurance brokers in the United States.

The Willkie deal team was led by partners Alexander Dye and Sean Ewen, and included partners Jordan Messinger and Spencer Simon and counsel Peter Allman.