Arthur J. Gallagher & Co. Acquires North Alabama Insurance

Arthur J. Gallagher & Co. has acquired North Alabama Insurance, Inc. in Florence, Ala. Terms of the transaction were not disclosed.

Established in 1982, North Alabama Insurance, Inc. (NAI) is a managing general agent and wholesale insurance broker which provides property/casualty, commercial auto/garage and other specialty insurance placements to their independent retail insurance broker clients throughout the south central United States. Joshua Blevins, John Speir and their associates will continue to operate from their current locations in Florence and Cabot, Arkansas, under the direction of Joel Cavaness, president of Risk Placement Services, Inc., a subsidiary of Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 31 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.

Topics Mergers & Acquisitions Agencies Alabama A.J. Gallagher