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ITASCA, Ill., June 5 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Robert Keith & Associates, Inc. of Naperville, Illinois. Terms of the transaction were not disclosed.
Established in 1984, Robert Keith & Associates, Inc. is a surety bonding specialty agency offering all types of surety products and services to their Midwest client base. They specialize in bonding programs for general and trade contractors, home builders, commercial firms, mortgage brokers and lenders, public officials and not-for-profit organizations. Co-founders Mark Malley and Randall Moon and their staff will operate under the direction of Thomas J. Gallagher, Midwest Regional Manager of Gallagher's Brokerage Services Retail Division.
J. Patrick Gallagher, Jr., President and Chief Executive Officer said, "Robert Keith & Associates is a terrific addition to our Midwest Region. Their particular specializations fit perfectly within our niche product strategy; their focus on excellent customer service mirrors ours; and they are a great cultural fit. We are extremely pleased to welcome Mark, Randy and their team 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 seven countries and does business in 120 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.
SOURCE Arthur J. Gallagher & Co. -0- 06/05/2006 /CONTACT: Marsha J. Akin, Investor Relations of Arthur J. Gallagher & Co., +1-630-777-3800/ /Web site: http://www.ajg.com / (AJG) CO: Arthur J. Gallagher & Co.; Robert Keith & Associates, Inc. ST: Illinois IN: FIN INS SU: TNM AM-JK -- CGM068 -- 6766 06/05/2006 14:37 EDT http://www.prnewswire.com