Business & Finance
Business and Finance
Business and Finance
Tue, March 5, 2013
Mon, March 4, 2013 Arthur J. Gallagher & Co. Acquires Metzler Bros. Insurance
Arthur J. Gallagher & Co. Acquires Metzler Bros. Insurance -- ITASCA, Ill., March 4, 2013 /PRNewswire/ --
ITASCA, Ill., March 4, 2013 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: [ AJG ]) today announced the acquisition of Metzler Bros . Insurance of Kansas City, Missouri. Terms of the transaction were not disclosed.
Founded in 1946, Metzler Bros . Insurance is a retail insurance broker providing commercial property/casualty, employee benefits and personal lines insurance and consulting services and risk management services for their clients throughout the Midwest. They specialize in insurance coverage for the non-for-profit and real estate industries as well as local and regional entrepreneurs. C. Stephen Metzler , Mark Simcosky and their associates will continue to operate from their Kansas City location under the direction of Mike Henthorn , head of Gallagher's South Central retail property/casualty brokerage operation.
"Metzler Bros . Insurance is highly regarded in the industry for its professional expertise, market relationships and commitment to personalized client service," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "Their quality-focused sales culture and areas of specialization will be a terrific complement to our South Central region. We are pleased to welcome Steve, Mark and their colleagues to our growing Gallagher family of professionals."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 19 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.
CONTACT: Marsha J. Akin
Director – Investor Relations
630-285-3501 or [ marsha_akin@ajg.com ]
SOURCE Arthur J. Gallagher & Co.
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[ http://www.ajg.com ]
