Arthur J. Gallagher & Co. Acquires Coverys Insurance Services

PR Newswire

ROLLING MEADOWS, Ill. , Nov. 16, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced it has acquired certain assets of the retail agency business of East Lansing, Michigan -based Coverys Insurance Services. Terms of the transaction were not disclosed.

Coverys Insurance Services is a full-service insurance broker specializing in medical malpractice and professional liability for healthcare clients throughout Michigan . The Coverys Insurance Services team will remain in their current location under the direction of Ryan Isaacs , head of Gallagher's Midwest region retail property/casualty brokerage operations.

"Coverys Insurance Services is a highly regarded agency whose deep healthcare expertise provides significant opportunities for growth in the region," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am very pleased to welcome the Coverys Insurance Services team to Gallagher."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois . Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

SOURCE Arthur J. Gallagher & Co.