Arthur J. Gallagher & Co. Acquires Ericson Insurance Advisors

PR Newswire

ROLLING MEADOWS, Ill. , Jan. 31, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Washington Depot, Connecticut -based Ericson Insurance Services, LLC, dba Ericson Insurance Advisors. Terms of the transaction were not disclosed.

Ericson Insurance Advisors is a personal lines-focused insurance broker serving high-net-worth clients nationwide. Spencer Houldin , Peter Houldin and their team will remain in their current location under the direction of Brendan Gallagher, head of Gallagher's Northeast region retail property/casualty brokerage operations.

"Ericson Insurance Advisors is a highly regarded agency that will expand the capabilities of our private client offerings," said J. Patrick Gallagher, Jr. , Chairman and CEO. "I am very pleased to welcome Spencer, Peter and their associates to our growing Gallagher family of professionals."

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.