Arthur J. Gallagher & Co. Acquires Cornerstone Commercial & Personal Insurance Services, Inc.

July 1, 2024

Arthur J. Gallagher & Co. acquired Rancho Cucamonga, California–based Cornerstone Commercial & Personal Insurance Services, Inc.; terms were not disclosed. Cornerstone’s founders Phil and Allison Hakopian and their team will remain in place, joining Gallagher’s Southwest retail property/casualty brokerage under Scott Firestone to strengthen Gallagher’s homeowners association and regional commercial insurance capabilities.

Buyers
Arthur J. Gallagher & Co.
Targets
Cornerstone Commercial & Personal Insurance Services, Inc.
Industry
Insurance
Location
California, United States
Transaction Type
Buyout

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