Western New York’s Evans Bancorp, Inc. has agreed to sell its insurance agency operation, The Evans Agency, to global insurance broker Arthur J. Gallagher & Co. for $40 million. The net gain on sale, on an after-tax basis, is expected …
Eastern Bankshares, Inc., the stock holding company for Eastern Bank, has completed the previously disclosed sale of its insurance operations, which conduct business as Eastern Insurance Group, to Arthur J. Gallagher & Co. Under the agreement, Gallagher acquired Eastern Insurance …
Arthur J. Gallagher & Co. announced the acquisition of Mineola, New York-based Rosenzweig Insurance Agency, Inc. Rosenzweig Insurance Agency is an insurance broker with pharmacy expertise serving small and medium-sized businesses. Larry Rosenzweig, Lynn Rosenzweig Derby and their team will …
Arthur J. Gallagher & Co. today said it has signed a definitive agreement with Cadence Bank to acquire Cadence Insurance, Inc. for $904 million cash. Baton Rouge, Louisiana-headquartered Cadence Insurance, the second largest bank-affiliated insurance brokerage in the nation, offers …
Global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Washington, D.C.-based Clements Worldwide. Clements is an international insurance broker serving expats, diplomats and military personnel as well as offering commercial coverages for nonprofits, contractors, embassies and schools. …
Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations, government contractors and engineering services companies in the greater Washington, D.C. …
Dublin-based Allied Risk Management has been acquired by Artex Risk Solutions Inc, a captive and alternative risk transfer solutions subsidiary of Arthur J. Gallagher & Co. Terms of the transaction were not disclosed. Allied Risk provides insurance and reinsurance management …
Arthur J. Gallagher & Co. has acquired Dublin, Ireland-based First Ireland Risk Management Limited, a retail insurance broker offering commercial and personal insurance products as well as life and pension products throughout Ireland. Principals Tony Gill, Linda Gallagher and their …
Global broker Arthur J. Gallagher & Co. has agreed to acquire the partnership interests of BCHR Holdings, L.P., which does business under the name Buck. Buck provides of retirement, human relations, and employee benefits consulting and administration services. The organization …
Global insurance broker Arthur J. Gallagher & Co. has agreed to acquire Buffalo, New York-based M&T Insurance Agency, Inc. (MTIA), an indirect subsidiary of M&T Bank Corp. In connection with the transaction, Gallagher said it will become the preferred insurance …
