Arthur J. Gallagher & Co. announced that it has acquired Hagedorn & Company located in New York, New York. Terms of the transaction were not disclosed.
Founded in 1869, Hagedorn is a retail insurance broker providing property/casualty, risk management, group benefits and personal lines insurance products and services for commercial and individual clients throughout the northeastern United States.
Hagedorn specializes in insurance coverage for the financial, manufacturing, real estate, healthcare, legal and marine industries as well as for nonprofit organizations, schools and municipalities. Hagedorn CEO Daniel Gabel and his associates will continue to operate in New York City and White Plains, New York, under the direction of Douglas Brown, head of Gallagher’s northeastern retail property/casualty brokerage operations. Hagedorn has more than 30 employees.
Headquartered in Itasca, Illinois, Arthur J. Gallagher & Co. is an international insurance brokerage and risk management services firm. It has operations in 30 countries and offers client service capabilities in more than 140 countries through a network of correspondent brokers and consultants.
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