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Two Gill & Roeser executives acquire reinsurance unit, holding company

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NEW YORK—Two senior Gill & Roeser executives have acquired reinsurance intermediary Gill & Roeser Inc. and Gill & Roeser Holdings Inc., a registered broker/dealer, financial advisory and investment banking firm, from the estate of co-found Kirk Roeser.

Steven K. Bolland, president of Gill & Roeser Inc. and Gill & Roeser Holdings Inc., and Dale A. Myer, senior vp of Gill & Roeser Holdings Inc., will own equal shares of the holding company, Mr. Bolland said in an email.

Mr. Roeser died in November. The firm will retain the Gill & Roeser name. Terms of the deal were not disclosed.

“Because of Gill & Roeser’s size, independence and industry specialization, we have and will continue to provide our clients direct access to the principals of the firm from the inception of a project to its conclusion,” Mr. Bolland said in the statement..

“Gill & Roeser will continue to operate as a multidisciplined team serving all aspects of the insurance industry from the underwriting of insurance products to all phases of the distribution of those products,” Mr. Myer said in the statement.