Arthur J. Gallagher & Co., the insurance brokerage based in Rolling Meadows, Illinois, said on August 5, 2026 that it had acquired Apollo Insurance Solutions Ltd., a digital insurance broker and managing general agency in Vancouver, British Columbia. Gallagher did not disclose the price or any other terms.
Apollo concentrates on tenant insurance across Canada and places policies through its own software platform, which uses AI to speed up the placement process. Most of its sales come through partners rather than through a traditional broker network: renters can buy coverage, or upload proof of an existing policy, while they sign a lease on a landlord's or property manager's system.
Founder and chief executive Jeff McCann and his team will stay in Vancouver. According to Gallagher, they will work under Dave Partington, who runs Gallagher's retail property and casualty brokerage in Canada, Latin America and the Caribbean.
What Apollo built
Apollo's distribution is built on embedded partnerships with landlords, property managers and real estate software providers. Insurance Business Canada reported that the company has integrated tenant coverage into platforms including Yardi, Dream, Payquad, Zen Residential and RentMoola, and Coverager added Landlord Credit Bureau to that list. Apollo serves more than 500,000 individuals and businesses through more than 150 partner organizations, according to Insurance Business.
The company also runs an Exchange marketplace that, according to Insurance Business, has more than 9,500 brokers on it. Apollo sells personal and commercial lines, but renters insurance is the product it pushes hardest through its partner channel. Coverager reported that Apollo also operates a buy-now-pay-later premium finance business.
Before the deal, Gallagher was already working with Apollo. Coverager described a small business insurance partnership in which Apollo users were sent to a Gallagher-branded buying experience.
“Apollo's digital platform and talented team will strengthen our capabilities in Canada and expand our ability to deliver innovative insurance solutions.”
Why Gallagher is buying
Gallagher framed the purchase as a way to add digital and embedded distribution to its Canadian operations. Chairman and chief executive J. Patrick Gallagher Jr. said Apollo's platform and team would strengthen the group's capabilities in Canada and widen its ability to deliver insurance products. He added that he was pleased to welcome McCann and his colleagues to the company.
Insurance Business reported that Michael Thornhill, Gallagher's group chief executive and president of specialty for Canada, said the deal adds to Gallagher's skills in digital distribution, marketing, embedded insurance and insurance technology. The same report said the Apollo team would later report to Thornhill.
Gallagher serves clients in about 130 countries and buys brokers regularly. Apollo is its second Canadian purchase in two months, following Burnaby-based Wilson M. Beck Insurance Services, according to Insurance Business.
The founder and the funding
Jeff McCann founded Apollo and led it as chief executive up to the sale. Reports differ on when the company started: Coverager cited a 2019 launch based on LinkedIn and later updated its story after comments from McCann, while other outlets gave 2017 or 2018.
Funding figures also vary. In its updated report, Coverager quoted McCann as saying Apollo had raised $40 million in equity and $20 million in debt, the debt used to support its premium finance business; the report did not say whether those amounts were in US or Canadian dollars, and it did not name the investors. Coverager also put Apollo's headcount at about 64 people, based on LinkedIn.
A busy market for insurance brokers
The deal fits a long run of broker acquisitions by Gallagher. On its second-quarter 2026 earnings call, the company said it had more than 30 term sheets being prepared, representing about $500 million in annualized revenue, Insurance Business reported. The same report noted that valuation multiples for brokers had started to come down from highs of 15 to 17 times EBITDAC.
Gallagher's reinsurance arm had already bought Toronto-based MGB Re in early 2024, Insurance Business noted. With Apollo, Gallagher gains a set of working integrations with Canadian property management platforms rather than having to build them itself.
