Arthur J. Gallagher & Co. Acquires Robinson-Adams Insurance, Inc.
Copyright: | (c) 2011 The Associated Press |
Source: | Associated Press |
Wordcount: | 319 |
(NYSE: AJG) today announced the acquisition of the insurance brokerage
operations of
Terms of the transaction were not disclosed. This acquisition does
not involve the affiliated companies, including automotive-related
businesses,
Founded in the 1880s,
insurance broker providing commercial property/casualty and risk
management insurance services to their clients throughout the United
States. It specializes in insurance coverage for long-term health
care facilities and the wholesale automobile auction industry. Martha
Acker,
operate from their
under the direction of
of Gallagher's retail property/casualty brokerage operation.
"For over a century, RAI has built a solid reputation for its depth of
insurance expertise and focus on providing the highest quality client
service," said
"Their solid
specializations will be a wonderful complement to our retail
property/casualty brokerage operations. We are extremely pleased to
welcome Martha, Billy and their team to our growing Gallagher family
of professionals."
risk management services firm, is headquartered in
has operations in 16 countries and does business in more than 110
countries around the world through a network of correspondent brokers
and consultants.
CONTACT:
Vice-President Corporate Communications
630-285-4009 / Linda_Col l ins @ a j g.com
SOURCE
-0-
/Web Site: http://www.ajg.com(NYSE:AJG)
/ CO:
ST: Illinois Alabama
IN: FIN INS
SU: TNM
PRN
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