NU Online News Service, June 18, 11:02 a.m. EDT
Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired the operations of Bowen, Miclette, Britt & Merry of Arkansas Inc. in Fort Smith, Ark., from Bowen, Miclette & Britt Insurance Agency, LLC in Houston. Financial terms of the transaction were not released.
Bowen, Miclette, Britt & Merry of Arkansas is a retail insurance broker offering risk management and insurance products and services to their clients primarily in Arkansas and Oklahoma. They specialize in the health care, manufacturing, retail and poultry processing industries.
The deal does not affect ownership of the Houston-based agency.
Philip H. Merry Jr., the principal, and his staff, approximately six, will continue to operate at their current location under the direction of Mitchel Brashier, Southeastern regional manager of Gallagher's retail property and casualty brokerage operations.
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