ITASCA, Ill., Feb. 18, 2016 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of White & Company Insurance, Inc. (White & Company), located in Santa Monica, California. Terms of the transaction were not disclosed.
Founded in 1952, White & Company is a retail insurance broker providing property/casualty, employee benefits and risk management insurance services for their commercial and individual clients throughout the Western United States. They specialize in placing coverage for the finance, healthcare, real estate, manufacturing and distribution, aviation and hospitality industries. Dennis White, Andrew Valdivia and their team will continue to operate in their current Santa Monica location under the direction of James G. McFarlane, Western Regional Manager of Gallagher's retail property/casualty brokerage operation.
"White & Company 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. "Its strong California presence, depth of expertise, and strong emphasis on quality service will be an excellent complement to our Western Region brokerage operations. We are extremely pleased to welcome Dennis, Andrew 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 150 countries around the world through a network of correspondent brokers and consultants.
SOURCE Arthur J. Gallagher & Co.