Gallagher expects Giles integration to cost up to £10m this year
Broker said costs will be related to technology, staff and incentive compensation.
Arthur J Gallagher expects the integration cost of the Giles acquisition to range from $2.7m [£1.5m] up to $4m [£2.4m] per quarter throughout 2014.
The costs were confirmed in a statement issued by the group to the US Securities and Exchange Commission.
Last month, the group confirmed that the 2013 integration cost of Giles came in at £1.6m.
The broker said that these costs were were "primarily related to technology costs, the onboarding of over 1,100 employees and incentive compensation".
Galla
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