ITASCA, Ill., Dec. 20, 2013 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced that it has acquired Barmore Insurance Agency, Inc. located in Houston, Texas. Terms of the transaction were not disclosed.
Founded in 1952, Barmore Insurance Agency (Barmore) is an insurance broker providing retail and wholesale commercial property/casualty, employee benefits and risk management insurance products and services for their middle-market clients throughout the south central United States. They specialize in construction, engineering, industrial, non-profits and public entity coverage. Mike Barmore, Bill Barmore and their associates will continue to operate at their current location under the direction of Mike Henthorn, head of Gallagher's South Central retail property/casualty brokerage operations.
"Barmore has an outstanding reputation for their team's depth of expertise, solid market relationships, and focus on quality client service which makes them a great cultural match for us," said J. Patrick Gallagher, Chairman, President and CEO. "Their emphasis on the middle-market and niche specializations will be an excellent complement to our South Central operations. We are extremely pleased to welcome Mike, Bill 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 24 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.
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SOURCE Arthur J. Gallagher & Co.