Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisitions of The Treiber Group LLC and Treiber Agency Group LLC, both located in Garden City, N.Y. Terms of the transactions were not disclosed.
With roots going back to 1899, The Treiber Group LLC is a retail insurance broker offering risk management, commercial and personal property/casualty, life and health insurance services to their clients in the New York tri-state area. The company specializes in construction, surety, healthcare, executive risk and workers compensation insurance coverages.
Treiber Agency Group LLC is a wholesale insurance broker offering excess and surplus property/casualty coverage and other specialty insurance products and services to their independent retail agency clients throughout the Northeast.
The Treiber agencies will continue to operate in their current Long Island location under the direction of H. Craig Treiber, Peter Treiber, John Treiber, Scott Treiber, John Paterno, and Lou Roca. Their retail operation will report through Douglas Brown, Northeastern Regional manager of Gallagher’s retail property/casualty brokerage operation. The wholesale operation will report through Joel Cavaness, president of Risk Placement Services, Inc., Gallagher’s wholesale insurance operation.
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, has operations in 14 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants. .
Source: Arthur J. Gallagher & Co.
Topics Mergers & Acquisitions Agencies Property Casualty A.J. Gallagher
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