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Arthur J. Gallagher & Co. Acquires Commercial Insurance Brokers, LLC

ROLLING MEADOWS, Ill., April 26, 2017 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Tulsa, Oklahoma-based Commercial Insurance Brokers, LLC. Terms of the transaction were not disclosed.

Formed in 2012, Commercial Insurance Brokers is a group of insurance producers and service personnel offering a broad range of property/casualty and employee benefit products and services to energy, construction, financial services, manufacturing, transportation, professional services, nonprofit, healthcare and high-net-worth clients throughout the United States and internationally. Brad McCrory and his associates will continue to operate from their current location under the direction of Bret VanderVoort, head of Gallagher's South Central retail property/casualty brokerage operations.

"Commercial Insurance Brokers will significantly increase our Oklahoma presence and build on our existing expertise, with practice areas that align nicely with our own," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am pleased to welcome Brad and his associates to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois, has operations in 33 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

 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-commercial-insurance-brokers-llc-300445880.html

SOURCE Arthur J. Gallagher & Co.