Arthur J. Gallagher & Co. said it has acquired ClassicInsurance Services, Ltd. of Lisle, Illinois.

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Terms of the deal were not disclosed.

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Incorporated in 1983, Classic Insurance Services, Ltd. offersmedical professional liability services for their physician andsurgery center clients in the Midwest.

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The 15 employee agency will continue to operate out of itscurrent location as a unit of Gallagher Healthcare InsuranceServices, a subsidiary of Arthur J. Gallagher & Co., Itasca,Ill.

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Gallagher's new acquisition will be under the direction of JamesJ. Braniff, III, South Central regional manager of Gallagher'sbrokerage services retail division.

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