Arthur J. Gallagher & Co. Acquires R.T. Beers & Company Insurance Services, Inc.

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ROLLING MEADOWS, Ill., Nov. 26, 2018 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Long Beach, California-based R.T. Beers & Company Insurance Services, Inc. Terms of the transaction were not disclosed.

R.T. Beers & Company is a retail property/casualty broker serving clients throughout the United States, with a strong focus on risk identification and mitigation. They offer an exclusive group safety program for metal service centers. Ralph Beers, John Lavey, Guy Pakenham and their associates will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty operations.

"We are pleased to expand our capabilities in Southern California with the insurance experience and intellectual talent of the R.T. Beers team," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I'm excited to welcome Ralph, John, Guy and their associates to Gallagher."

Arthur J. Gallagher & Co. AJG, a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 34 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

Investors:  Ray Iardella

Media:  Linda J. Collins                         

VP – Investor Relations

VP – Corporate Communications

630-285-3661/ ray_iardella@ajg.com

630-285-4009/ linda_collins@ajg.com

 

SOURCE Arthur J. Gallagher & Co.

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Posted In: Press ReleasesAcquisitionsBanking/Financial ServicesInsuranceMergerstakeovers
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