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Arthur J. Gallagher & Co. Acquires Group Benefits Strategies

ROLLING MEADOWS, Ill. , Nov. 2, 2018/PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Auburn, Massachusetts-based John R. Sharry, Inc., dba Group Benefits Strategies. Terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. Logo (PRNewsfoto/Arthur J. Gallagher & Co.)

Founded in 1993, Group Benefits Strategies is one of the largest municipal health care consulting firms in Massachusetts. The team represents self-funded and fully insured municipalities and businesses throughout New England, and has developed group benefit plans for clients ranging in size from 100 to up to 10,000 employees. Katherine (Kate) Sharry and her associates will continue to operate from their current location under the direction of Tom Belmont, head of Gallagher's Northeast region employee benefits consulting and brokerage operations.

"Group Benefit Strategies' niche-focused growth strategy and market expertise makes them an ideal addition to our benefits team," said Tom Belmont. "I am excited to welcome Kate and her associates to Gallagher."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 34 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

Investors:  Ray Iardella                        

Media:  Linda J. Collins                         

VP – Investor Relations                        

VP – Corporate Communications

630-285-3661/ ray_iardella@ajg.com   

630-285-4009/ linda_collins@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.