AJG Beefs Up Employee-Benefit Business

NU Online News Service, March 16, 10:36 a.m. EDT

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. announced two acquisitions in the employee-benefits niche this week.

Yesterday, Gallagher said it acquired BenefitLink Resource Group, Inc., in Calgary, Canada.

Established in 2001, BenefitLink Resource is an employee-benefits-insurance broker and consultant that provides a full range of group-employee benefits and pension products and services to clients throughout Canada. The firm also designs, implements and helps manage clients' group-insurance and retirement-savings programs. BenefitLink Resource specializes in the energy, energy service and transportation industries.

Kevin Rome, the principal, and approximately 10 associates will continue to operate at their current location under the direction of William Ziebell, regional executive vice president of Gallagher's employee-benefit consulting and brokerage operations.

J. Patrick Gallagher Jr., chairman, president and chief executive officer of Gallagher, says in a statement that this is the first employee-benefits-agency acquisition for his firm.

Earlier in the week, Gallagher said it acquired Human Resource Management Systems, LLC, in Naperville, Ill.

Established in 1997, Human Resource Management is an employee-benefit-insurance broker that offers a full range of group employee benefit products and consulting services to their clients throughout theUnited States. It specializes in group health, life, long and short term disability, dental, retirement planning, human-resource services and program administration.

Dan Rigby, the principal, and his approximately 11 associates will continue to operate in their current location under the direction of William Ziebell, North Central regional executive vice president of Gallagher's employee benefit consulting and brokerage operations.

Terms of both transactions were not released.

Comments

Resource Center

View All »

Complimentary Case Study: Helping achieve your financial goals By:...

Find out how a Special Investigation Unit used TLOxp to save the company money and...

Do Your Clients Hold The Right CDL License?

Learn about the various classes of CDL Licenses and the industries that are impacted by...

Integrated Content & Communications: A Key Business Issue For Insurers

Insurers are renewing their focus on top line growth, and many are learning that growth...

High Risk Insurance Coverage in the E&S Market

Experts discuss market conditions, trends and projected growth in a rapidly changing niche.

Top E-Signature Security Requirements

This white paper covers the most important security features to look for when evaluating e-signatures...

EPLI Programs Crafted Just For Your Clients

Bring us your restaurant clients, associations and other groups and we’ll help you win more...

Is It Time To Step Up And Own An Agency?

Download this eBook for insight on how to determine if owning an agency is right...

Claims - The Good The Bad And The Ugly

Fraudulent claims cost the industry and the public thousands of dollars in losses. This article...

Leveraging BI for Improved Claims Performance and Results

If claims organizations do not avail themselves of the latest business intelligence (BI) tools, they...

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Risk Management Report eNewsletter

Identify problems involving emerging risks, reinsurance, and business interruption with help from Risk Management Report - FREE. Sign Up Now!

Advertisement. Closing in 15 seconds.