Arthur J. Gallagher & Co. Buys Insurance Point

Arthur J. Gallagher & Co. reported the acquisition of Insurance Point in St. Charles, Illinois and Salt Lake City, Utah.

According to a release from the firm, terms of the transaction were not disclosed.

The firm noted that Insurance Point will continue to operate in its current locations and will be under the direction of William Ziebell, head of Gallagher's North Central employee benefit consulting and brokerage operations.

"Insurance Point is highly regarded in the industry for its depth of experience with employee benefit cost containment that provides long-term solutions for its healthcare clients," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Their focus on quality client service, solid market relationships, team-based culture and strong healthcare expertise will be a great complement to our employee benefits operation. We are pleased to welcome Mike and his team to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co. is an international insurance brokerage and risk management services firm.

Insurance Point offers a range of employee benefit consultation and insurance brokerage services designed exclusively for healthcare systems and hospitals throughout the United States.

More information:

www.ajg.com

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