Heath Lambert becomes Gallagher Heath after £97m takeover

IFA firm Heath Lambert will trade as Gallagher Heath from today following its acquisition by insurance brokerage giant Gallagher & Co.

Gallagher & Co bought Heath Lambert in May for £97m.

Heath Lambert's corporate benefits arm, Heath Lambert Employee Benefits, will now be known as Gallagher Employee Benefits.

David Ross, chief executive Gallagher International, said: "The new brand, Gallagher Heath, is a clear statement to the market and our clients that we are stronger together."

Michael Brown, chief executive of Gallagher Employee Benefits said: "Becoming a member of the Gallagher group of professionals enables us to broaden the services we deliver and where we deliver them, both in the UK and internationally."

In June, Heath Lambert brought Wealth at Work's SIPP onto its employee benefits platform, following its May launch of an annuity comparison portal for consumers using Partnership's medical underwriting system.