Arthur J. Gallagher & Co. Acquires John C. Breckenridge Insurance Solutions, Inc.

PR Newswire

ROLLING MEADOWS, Ill. , Jan. 11, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Sacramento, California -based John C. Breckenridge Insurance Solutions, Inc. (JCB). Terms of the transaction were not disclosed.

Founded in 2016, JCB is a brokerage and plan management firm specializing in student health and intercollegiate athletics insurance for higher education institutions. John Breckenridge , Lisa Breckenridge 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.

"JCB expands our student health insurance market expertise and product offerings on the West Coast," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am excited to welcome John, Lisa 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.