Arthur J. Gallagher & Co. Acquires Specialty Risk Management Services, LLC, and Private Client Insurance Services, LLC

PR Newswire

ROLLING MEADOWS, Ill. , April 1, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Fort Myers, Florida -based Specialty Risk Management Services, LLC, and its affiliate, Private Client Insurance Services, LLC. Terms of the transaction were not disclosed.

Specialty Risk Management Services manages a property insurance program for businesses in Florida . Private Client Insurance Services is an agency specializing in commercial risks, condominium associations and personal lines. Elaine Hawkins , Wes Brewer 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.

"Specialty Risk Management Services and Private Client Insurance Services have a culture similar to ours and will deepen our service offerings in a key market," said J. Patrick Gallagher, Jr. , Chairman and CEO. "I am delighted to welcome Elaine, Wes 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.