Arthur J. Gallagher Acquires Discovery Benefit Solutions in California

Arthur J. Gallagher & Co. has acquired Discovery Benefit Solutions Inc. in San Diego, Calif.

Terms of the deal were not disclosed.

Discovery Benefit Solutions provides employee benefit consultation, management and brokerage services for group and individual clients throughout the western U.St. They specialize in self-funded medical, dental and vision programs as well as benefit solutions for the bio-tech, hi-tech, charter school, medical group and manufacturing industries.

Brenda Fagan-Johnson, Michael Lutosky, Michael Pondrom and their associates will continue to operate in their current location under the direction of Norbert Chung, head of Gallagher’s western employee benefit consulting and brokerage operations.

Itasca, Ill.-based Arthur J. Gallagher has operations in 30 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 California A.J. Gallagher