Arthur J. Gallagher & Co. Acquires Leavitt Insurance Services of Los Angeles

PR Newswire

ROLLING MEADOWS, Ill. , May 4, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Woodland Hills, California -based Leavitt Insurance Services of Los Angeles . Terms of the transaction were not disclosed.

Leavitt offers commercial property/casualty insurance as well as employee benefits consulting to clients in the Southwest US. Teri Frankel , Kenneth Blaich and their team will remain in their current location under the direction of Scott Firestone , head of Gallagher's Southwest region retail property/casualty brokerage operations, and Charlie Isaacs , head of Gallagher's West region employee benefits consulting operations.

"Leavitt is a highly regarded agency whose culture aligns with ours, and their expertise across a variety of niches will strengthen our capabilities in the region," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am very pleased to welcome Teri, Ken and their associates to our growing, global team."

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.