Arthur J. Gallagher, the global insurance brokerage and consulting firm, has acquired Kentucky-based Altman Insurance Services, an employee benefits brokerage and consultancy, Gallagher said in a news release Wednesday.
Terms of the deal were not disclosed. Altman, with offices in Louisville, operates in Kentucky, Indiana, Ohio and Tennessee. It was founded in 1988. Billy Altman and Mike Summerfield are principals. They and their team will remain in Louisville under the direction of Robby White, chief of Gallagher’s South Central benefits and brokerage operations.
Publicly traded Gallagher is headquartered in Rolling Meadows, Illinois.
Was this article valuable?
Here are more articles you may enjoy.
Travelers Reverses Q2 Income Loss, Narrows Underwriting Loss 
Study Urges Rethinking of Disaster Management in Era of Compounding Events 
Project 2025 Plan to End NFIP Welcomed by Some, Rejected by Others in Insurance 
Viewpoint: Deepfake Fraud Is On the Rise. Here’s How Insurers Can Respond 
