Arthur J. Gallagher & Co. Acquires Arkansas Insurance Agency

Jun 17, 2010, 15:15 ET from Arthur J. Gallagher & Co.

ITASCA, Ill., June 17 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced that it has acquired the operations of Bowen, Miclette, Britt & Merry of Arkansas, Inc. in Fort Smith, Arkansas from Bowen, Miclette & Britt Insurance Agency, LLC in Houston, Texas and Philip H. Merry, Jr. Terms of the transaction were not disclosed.

Bowen, Miclette, Britt & Merry of Arkansas, Inc. is a retail insurance broker offering risk management and insurance products and services to their clients primarily in Arkansas and Oklahoma.  They specialize in the healthcare, manufacturing, retail and poultry processing industries.   Philip H. Merry, Jr. and his staff will continue to operate in their current location under the direction of Mitchel Brashier, Southeastern Regional Manager of Gallagher's retail property/casualty brokerage operations.

"These talented professionals have an excellent reputation for their dedication to quality client service," said J. Patrick Gallagher, Jr., Chairman, President and CEO.  "Their decades of industry experience and solid sales culture will be a terrific addition to our Southeastern Region.  We look forward to working with Philip and his associates and welcome them 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 15 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants.  

SOURCE Arthur J. Gallagher & Co.