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Arthur J. Gallagher & Co. Acquires Affinity Marketing Group

ITASCA, Ill., Dec. 18, 2014 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Affinity Marketing Group LLC in Natick, Massachusetts. Terms of the transaction were not disclosed. 

Established in 2001, Affinity Marketing Group (AMG) is a national program broker that provides access to products and services designed for members of affinity groups, associations and fraternal organizations throughout the United States. It specializes in developing coverage programs for its client sponsors that reach over 25 million consumers with AMG's offerings of affinity products such as life, auto, home and ancillary health insurance, identity theft protection and business service discounts. Doug Furbush and his team will continue to operate from their current location under the direction of Kevin Garvin, head of Gallagher's North American affinity operations.

"AMG's strong client and insurance carrier relationships, wide array of products and deep knowledge of the affinity insurance space make it an outstanding addition to our U.S. affinity operations," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "They are also well-known for their personalized service and share the same entrepreneurial spirit and team-based sales culture as Gallagher. We are extremely pleased to welcome Doug and his colleagues to our growing family of Gallagher professionals."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 30 countries and offers client service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.

 

Media:  Linda J. Collins             

Investors:  Marsha J. Akin

VP – Corporate Communications          

Director - Investor Relations

630-285-4009/ linda_collins@ajg.com      

630-285-3501/ marsha_akin@ajg.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-affinity-marketing-group-300012124.html

SOURCE Arthur J. Gallagher & Co.