Arthur J. Gallagher & Co. Acquires Hagan Insurance Group

PR Newswire

ROLLING MEADOWS, Ill. , July 25, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Sioux Falls, South Dakota -based Hagan Insurance Group. Terms of the transaction were not disclosed.

Hagan Insurance Group provides insurance member benefits and financial management to professional associations and affinity groups. Brian Hagan , Michael Murphy and their team will remain in their current location under the direction of Kevin Garvin , head of Affinity North America for Gallagher's retail property/casualty brokerage operations.

"Hagan Insurance Group will enhance our association offerings, bringing us complementary expertise and providing significant cross-selling opportunities," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am delighted to welcome Brian, Michael 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.