MEADOWS, Ill., July 25,
2023 /PRNewswire/ -- Arthur J. Gallagher &
Co. today announced the acquisition of Sioux Falls, South Dakota-based Hagan
Insurance Group. Terms of the transaction were not disclosed.
Hagan Insurance Group provides insurance member benefits and
financial management to professional associations and affinity
groups. Brian Hagan, Michael Murphy and their team will remain in
their current location under the direction of Kevin Garvin, head of Affinity North America for
Gallagher's retail property/casualty brokerage operations.
"Hagan Insurance Group will enhance our association offerings,
bringing us complementary expertise and providing significant
cross-selling opportunities," said J. Patrick Gallagher, Jr., Chairman, President and
CEO. "I am delighted to welcome Brian, Michael and their associates
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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