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Gallagher acquires retirement community insurance broker

Posted On: Feb. 7, 2017 1:13 PM CST

Mergers and acquisitions

Arthur J. Gallagher & Co. said Tuesday it has acquired Lewis & Associates Insurance Brokers Inc.

The terms of the transaction were not disclosed.

Visalia, California-based Lewis & Associates is a retail insurance broker and employee benefit consultant that specializes in serving the needs of retirement communities, including assisted living, independent living and skilled nursing facilities, Gallagher said in a statement.

Lewis & Associates President & CEO James Smallwood, Vice President Kevin Veitia and 24 Lewis & Associates employees will continue to operate from the company’s current location, Gallagher said.

The unit will operate under the direction of James G. McFarlane, head of Gallagher's Western retail property/casualty brokerage operations, and Norbert Chung, head of Gallagher's Western employee benefits consulting and brokerage operations.