Arthur J. Gallagher & Co. Acquires Centennial Insurance Agency, LLC

Dec 14, 2015, 14:30 ET from Arthur J. Gallagher & Co.

ITASCA, Ill., Dec. 14, 2015 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Centennial Insurance Agency, LLC based in Pueblo, Colorado.  Terms of the transaction were not disclosed.

Founded in 1982, Centennial Insurance Agency (Centennial) is a retail insurance broker providing commercial property/casualty and risk management consulting and personal lines insurance services for their clients throughout the Western United States.   Mark Swanson, David Swanson, Doug Helzer, Tom Ratzlaff and their team will continue to operate in their current Colorado and New Mexico locations under the direction of James G. McFarlane, head of Gallagher's Western region retail property/casualty brokerage operation.

"Centennial is built on a culture that focuses on outstanding client partnerships, strong carrier relationships and team-based sales and service capabilities," said J. Patrick Gallagher, Jr., Chairman, President and CEO.  "Their strong Colorado presence and depth of expertise will be an excellent complement to our Western Region brokerage operations, and we are extremely pleased to welcome Mark, David, Doug, Tom and their colleagues 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 31 countries and offers client service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants. 

Investors: Marsha J. Akin 

Media:  Linda J. Collins

Director – Investor Relations 

VP - Communications

630-285-3501/ marsha_akin@ajg.com 

630-285-4009/ linda_collins@ajg.com

 

SOURCE Arthur J. Gallagher & Co.