Arthur J. Gallagher & Co. Acquires Afina Insurance Advisors, Inc.

Arthur J. Gallagher & Co. Acquires The John Galt Insurance Agency

February 5, 2024

Insurance

Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Commercial Insurance Agency, LLC and John Galt Insurance Agency, Inc. The acquisition strengthens Gallagher's property/casualty capabilities in condominium and multi-family real estate across Florida; the John Galt team will remain in place under Gallagher's Southeast retail P/C leadership.

Arthur J. Gallagher & Co. Acquires Crawford Insurance, LLC

June 4, 2024

Insurance

Arthur J. Gallagher & Co. acquired Pittsburgh-based Crawford Insurance, LLC, a retail property/casualty insurance agency that serves commercial and personal lines clients in Pennsylvania, South Carolina and Virginia. Terms were not disclosed; James Crawford and his team will remain in place and operate under the direction of Sean Gallagher within Gallagher’s Great Lakes retail P/C brokerage operations.

Arthur J. Gallagher & Co. Acquires Eastern Insurance Group

September 19, 2023

Insurance

Arthur J. Gallagher & Co. signed a definitive agreement to acquire Natick, Massachusetts-based Eastern Insurance Group, LLC (a subsidiary of Eastern Bank) for $510 million (net of seller-funded expenses). The acquisition, expected to close in late 2023 and now completed, expands Gallagher’s commercial property/casualty, personal lines and employee benefits capabilities across the Northeast U.S.; Eastern Insurance reported pro forma trailing-12-month revenues of approximately $104 million and EBITDAC of $37 million.

Arthur J. Gallagher & Co. Acquires The Andersen Group

July 6, 2023

Insurance

Arthur J. Gallagher & Co. has acquired Chantilly, Virginia-based retail insurance agency The Andersen Group. The Andersen Group will operate under Gallagher's Mid-South retail property/casualty brokerage operations to enhance Gallagher's capabilities in the greater Washington, D.C. market; terms were not disclosed.

Arthur J. Gallagher & Co. Acquires Hagan Insurance Group

July 25, 2023

Insurance

Arthur J. Gallagher & Co. acquired Sioux Falls–based Hagan Insurance Group to expand its association and affinity benefits capabilities. The Hagan team will remain in place and operate under Gallagher's Affinity North America leadership to provide complementary expertise and cross-selling opportunities.

Arthur J. Gallagher & Co. Acquires Acumen Advisors, Inc.

May 13, 2024

Insurance

Arthur J. Gallagher & Co. (Gallagher) has acquired Cedar Rapids-based Acumen Advisors, Inc., an employee benefits consulting firm serving small and mid-size businesses throughout Iowa. The Acumen team, led by Andrew Morf and Kirby Moss, will remain in place and operate under Gallagher's Midwest employee benefits consulting organization; terms were not disclosed.