Arthur J. Gallagher & Co. Acquires FarmPLUS Insurance Services

PR Newswire

ROLLING MEADOWS, Ill. , Feb. 1, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Blairs, Virginia -based Shelton & Alderson Insurance Agency, Inc., dba FarmPLUS Insurance Services. Terms of the transaction were not disclosed.

FarmPLUS Insurance Services is a retail agency providing agricultural and crop insurance coverages in Virginia , North Carolina and South Carolina . Tim Alderson , Amy Alderson and their team will remain in their current location under the direction of Bumpy Triche, head of Gallagher's Southeast retail property/casualty brokerage operations.

"The FarmPLUS Insurance Services team's niche expertise will expand our agricultural market capabilities," said J. Patrick Gallagher, Jr. , Chairman and CEO. "I am delighted to welcome Tim, Amy and their associates 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.