AJG Leads October With 5 Acquisitions

Insurance broker Arthur J. Gallagher made five acquisitions in a busy month for M&A activity.

AJG says it acquired:

  • Coyle Insurance Agency in Peoria, Ill., a property and casualty agency founded in 1984.
  • Unison, Inc. in Minnetonka, Minn., an employee benefits firm founded in 1980.
  • Park Row Associates in Providence, R.I., an employee benefits firm founded in 1994.
  • IBIS Advisors, an employee benefits and compensation consulting firm established in 1997 and based in Los Angeles.
  • Aires Consulting Group, Inc., headquartered in Batavia, Ill., founded in 1985, a licensed professional architectural and engineering firm providing consulting services.

Chicago-based Hub International Ltd., announced two acquisitions:

  • Wescom Insurance Services LLC in Anaheim, Calif.
  • Mahoney Group of Phoenix, Ariz.

Other acquisitions announced during the month of October:

  • Short Hills, N.J.-based Bollinger acquired The Morville Agency of Newton, N.J.
  • New York-based Preferred Concepts, a national program administrator and specialty broker acquired Metro Insurance Services of New Jersey.
  • Towers Watson of New York acquired DaVinci Consulting Group.
  • Markel Corp. acquired Essentia Insurance Co. from OneBeacon Insurance Group. The acquisition is expected to be completed in January.

Featured Video

Most Recent Videos

Video Library ››

Top Story

The state of New Orleans: 10 years after Hurricane Katrina

Watch as NU-PC360 tours the still abandoned homes and lots of the Lower Ninth Ward, the new construction booming in the up-and-coming Lakeview and the new levee floodgates on the Violet Canal.

Top Story

Traffic deaths in these 15 states setting pace for deadliest driving year since 2007

The estimated bill for traffic deaths so far in 2015, including injuries and property damage, is $152 billion—24% higher than 2014.

More Resources

Comments

eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.