ITASCA, Ill., July 27, 2016 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Gabor Insurance Services, Inc., including its subsidiary, American Professional Liability Underwriters, headquartered in Miami, Florida. Terms of the transaction were not disclosed.
Founded in 1992, Gabor Insurance Services, Inc. (Gabor) is a managing general agency and excess and surplus lines insurance broker that provides commercial and personal property/casualty insurance products and services to its retail broker clients throughout the Southeastern United States. It specializes in commercial property and professional liability with a focus on architects and engineers, lawyers, healthcare and other professionals. Ronald Gabor, Michael Gabor, Robert Kenney and their associates will operate from their Miami, Sebastian, Boca Raton and Tampa, Florida locations under the direction of Joel Cavaness, President of Risk Placement Services, Inc., a subsidiary of Arthur J. Gallagher & Co.