Gallagher Buys Kooper Group

NU Online News Service, Nov. 10, 12:47 p.m. EST?Arthur J. Gallagher & Co. said it has acquired The Kooper Group Inc. of New York City from Heath Lambert Holdings Limited.[@@]

Terms of the transaction were not disclosed.

Founded in 1980, The Kooper Group offers a wide range of employee benefit consultation and brokerage services and specializes in life, health and disability insurance programs.

Michael Kooper, area chairman, and approximately 37 employees will continue to operate in New York under the direction of David Ziegler, executive vice president--Eastern region of Gallagher Benefit Services Inc., a subsidiary of Itasca, Ill.-based Gallagher.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.