MEADOWS, Ill., July 6, 2023
/PRNewswire/ -- Arthur J. Gallagher & Co. today announced
the acquisition of Chantilly,
Virginia-based The Andersen Group. Terms of the transaction
were not disclosed.
The Andersen Group is a retail insurance agency serving
non-profit trade associations, government contractors and
engineering services companies in the greater Washington, D.C. area. Frank Andersen and his associates will operate
under the direction of Bumpy Triche, head of Gallagher's Mid-South
retail property/casualty brokerage operations.
"Frank and his team are highly respected, and their market
expertise will enhance our capabilities in the region," said J.
Patrick Gallagher, Jr., Chairman,
President and CEO. "I am delighted to welcome them to
Arthur J. Gallagher & Co.
(NYSE: AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides
these services in approximately 130 countries around the world
through its owned operations and a network of correspondent brokers
Iardella, VP - Investor Relations
Media: Paul Day,
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