NU Online News Service, June 3, 12:00 p.m. EDT
Arthur J. Gallagher & Co. announced two acquisitions this week, Risk & Reward Group in London and Joseph James & Associates in Dublin, Ohio. Financial terms for the transactions were not released.
On Tuesday, the Itasca, Ill.-based insurance broker said it acquired Risk & Reward Group. Founded in 1996, Risk & Reward is an employee benefits consultant and insurance broker consisting of approximately 18 employees. It offers a broad range of employee benefits insurance and consulting services to both their United Kingdom and international clients. The firm specializes in benefit design and implementation, risk brokering and management, absence and claims management and human resource consulting for human capital financial management.
Risk & Reward principal and managing partner, Tim Johnson and his associates will continue to operate from their London location reporting to John Neumaier, executive vice president of Gallagher's employee benefit consulting and brokerage operation.
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