ITASCA, Ill., Nov. 11, 2014 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of The Forker Company in Arlington Heights, Illinois. Terms of the transaction were not disclosed.
Established in 2000, The Forker Company (Forker) is a retail insurance agency that offers contract surety solutions to clients throughout the Midwest. They specialize in providing surety coverage for the construction industry. Peter Forker and his associates will continue to operate under the direction of Michael Pesch, head of Gallagher's Midwest region retail property/casualty brokerage operation.
"Forker's team is well known for their industry experience and solid market relationships," said J. Patrick Gallagher, Jr. Chairman, President and CEO. "Their surety expertise and outstanding client service will be a wonderful complement to our Midwest Region. We look forward to working with Peter, and we welcome them to our growing Gallagher family of 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.
SOURCE Arthur J. Gallagher & Co.