Arthur J. Gallagher & Co. Acquires James R. Weir Insurance Agency, Inc.

ITASCA, Ill., May 21, 2015 /PRNewswire/ -- Arthur J. Gallagher & Co. AJG today announced the acquisition of James R. Weir Insurance Agency, Inc. in Mankato, Minnesota. Terms of the transaction were not disclosed. 

Founded in 1967, James R. Weir Insurance Agency (Weir) is a retail insurance broker providing commercial property/casualty, risk management consulting, employee benefits and personal lines insurance services to its mid-to-large market clients throughout the Midwest. They also specialize in insurance coverages for the religious, construction, healthcare and food service industries.  Jay Weir, Michael Donohoe and their associates will continue to operate from their current location under the direction of Michael Pesch, head of Gallagher's Midwest region retail property/casualty brokerage operations.

"The Weir team is well-known for their focus on outstanding client relationships and depth of expertise, which will fit well within our culture," said J. Patrick Gallagher, Jr., Chairman, President and CEO.  "Their Minnesota presence and strong carrier relationships will be a wonderful complement to our Midwest operations.  We are extremely pleased to welcome Jay, Mike and their team 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 30 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants. 

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SOURCE Arthur J. Gallagher & Co.