Arthur J. Gallagher & Co. has acquired Eau Claire, Wis.-based R. W. Scobie, Inc.
Scobie is a managing general agent and wholesale insurance broker which provides excess and surplus, property/casualty, professional business liability and other specialty insurance products and services to its independent insurance agent and broker clients throughout United States.
"The Scobie team is widely respected in the industry for their innovation, depth of experience, and dedication to client service,” said Gallagher President and CEO J. Patrick Gallagher in a statement. “Not only do they add to our wholesale geographic footprint, but their talented sales culture brings over 80 years of specialty product knowledge which enables them to handle and match hard to place risks with the appropriate markets."
Terms of the transaction were not disclosed.