Arthur J. Gallagher & Co. Acquires Ace Commercial Insurance Center
PR Newswire
ROLLING MEADOWS, Ill., Sept. 21, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Corona, California-based Ace Commercial Insurance Center (Ace). Terms of the transaction were not disclosed.
Ace is a specialist insurance broker serving the trucking industry primarily in Southern California. Jackie Hoang, Anhdy Nguyen 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.
"Ace is a well-regarded agency that expands our transportation market expertise in the Southwest," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Jackie, Anhdy 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.
Save billions or stick with Humira? Drug brokers steer Americans to the costly choice
Save billions or stick with Humira? Drug brokers steer Americans to the costly choice
Advisor News
- Health insurance premium tax bill advancing
- The Medi-Cal money pit
- The untapped potential of Qualified Longevity Annuity Contracts
- NYC's fiscal outlook on downslide over budget gaps
- Health insurance premium tax bill moving in Iowa House
More Advisor NewsAnnuity News
- An Application for the Trademark “GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
- The forces shaping life and annuities in 2026
- Variable annuity sales surge as market confidence remains high, Wink finds
- New Allianz Life Annuity Offers Added Flexibility in Income Benefits
- How to elevate annuity discussions during tax season
More Annuity NewsHealth/Employee Benefits News
- From $500 to $1.5K: Marylanders feel financial impact of expired ACA tax credits
- The politics behind America's new health insurance shock
- Health insurance premium tax bill advancing
- Families oppose bill locking in Iowa Medicaid privatization
- The Medi-Cal money pit
More Health/Employee Benefits NewsLife Insurance News
- Hulse, Murray
- Murray Giles Hulse
- Oaktree grabs control of Atlantic Coast Life Co. in blockbuster A-Cap deal
- AM Best Removes From Under Review With Developing Implications and Downgrades Credit Ratings of Banner Life Insurance Company and William Penn Life Insurance Company of New York
- The forces shaping life and annuities in 2026
More Life Insurance News