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 »

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...

Get $100 in leads with $0 down!

NetQuote's detailed, real-time leads have boosted sales for thousands of successful local agents across the...

The Growing Role of Excess & Surplus Lines in Today’s...

The excess and surplus market (E&S) provides coverage when standard insurance carriers cannot or will...

Increase Sales Conversion with this Complimentary White Paper

This whitepaper will share proven techniques - used by many of the industry's top producers...

D&O Policy Definitions: Don't Overlook These Critical Terms

Unlike other forms of insurance where standard policy language prevails, with D&O policies, even seemingly...

Environmental Risk: Lessons Learned from Willy Wonka and the Chocolate...

Whether it’s a chocolate factory or an industrial wastewater treatment facility, cleanup and impacts 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.