Arthur J. Gallagher & Co. Acquires Rosenzweig Insurance Agency, Inc.

PR Newswire

ROLLING MEADOWS, Ill. , Oct. 23, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Mineola, New York -based Rosenzweig Insurance Agency, Inc. Terms of the transaction were not disclosed.

Rosenzweig Insurance Agency is a full-service insurance broker with pharmacy expertise serving a diverse client base of small and medium-sized businesses as well as individuals throughout the United States . Larry Rosenzweig , Lynn Rosenzweig Derby and their team will remain in their current location and operate as part of Gallagher Agency Alliance under the direction of Jen Tadin , managing director of Gallagher's Global Small Business practice.

"Rosenzweig Insurance Agency has a long history of client-focused service and will enhance our capabilities in the small business space," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am delighted to welcome Larry, Lynn and their associates to Gallagher."

Gallagher Agency Alliance is a newly launched merger & acquisitions model targeting agencies that specialize in small business property/casualty insurance and employee benefits.

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.