Arthur J. Gallagher & Co. AJG today announced the acquisition of R. W. Scobie, Inc. headquartered in
Eau Claire, Wisconsin. Terms of the transaction were not disclosed.
Founded in 1932, R. W. Scobie, Inc. (Scobie) is a managing general agent and
wholesale insurance broker which provides excess and surplus,
property/casualty, professional business liability and other specialty
insurance products and services to their independent insurance agent and
broker clients throughout United States. Peter Scobie, Robert Giles and
their associates will continue to operate from their locations in Eau Claire;
Minneapolis, Minnesota; New Albany, Indiana; West Des Moines, Iowa; Omaha,
Nebraska; and Waukesha, Wisconsin under the direction of Joel Cavaness,
President of Risk Placement Services, Inc., a subsidiary of Arthur J.
Gallagher & Co.
"The Scobie team is widely respected in the industry for their innovation,
depth of experience, and dedication to client service. Not only do they add
to our wholesale geographic footprint, but their talented sales culture brings
over 80 years of specialty product knowledge which enables them to handle and
match hard to place risks with the appropriate markets," said J. Patrick
Gallagher, Jr., President and CEO. "Their expertise will be a wonderful
complement to our expanding wholesale network, and we are extremely pleased to
welcome Peter, Rob and their colleagues to our growing Risk Placement
Services' family of professionals."
Arthur J. Gallagher & Co., an international insurance brokerage and risk
management services firm, is headquartered in Itasca, Illinois, has operations
in 20 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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