Gallagher buys surplus lines agency
Reprints
Arthur J. Gallagher & Co. said Wednesday it has acquired Commercial Insurance Underwriters Inc., a Springfield, Missouri-based surplus lines agency.
Terms of the deal were not disclosed.
Commercial Insurance, which has about a dozen staff, specializes in hard-to-place commercial and personal lines coverage, a Gallagher statement said.
The agency will come under the direction of Matt A. Lynch, head of central region-binding for Risk Placement Services Inc., Gallagher’s wholesale unit, the statement said.
Read Next
-
Gallagher acquires ancillary benefits specialist Five Points
Broker Arthur J. Gallagher & Co. on Dec. 23 announced it is buying Franklin, Tennessee–based Five Points Benefits Solutions LLC for an undisclosed amount, reports WSILTV.com. Founded in 2011, Five Points is an employee benefits consultant and regional provider of ancillary benefits, such as life, disability, dental and vision coverages, to public-sector clients throughout Tennessee, as well as in Georgia and Kentucky.
Related Stories
Most Read in Risk Management
-
3. Marsh McLennan sees rate hikes slowing; reports revenue growth
-
4. Zurich North America names professional liability, cyber leader
