ITASCA, Ill., June 19, 2012 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Whitehaven Insurance Group, Inc. in Gulf Shores, Alabama. Terms of the transaction were not disclosed.
Founded in 1994, Whitehaven Insurance Group is a retail insurance broker offering personal and commercial property/casualty insurance products and services to their clients throughout the Southeastern United States. They specialize in high risk coastal properties for condominium associations and private homeowners. Bruce Q. White, Jr., Debra Gibson, Scott Harris and their associates will continue to operate in their Gulf Shores location under the direction of Mitchel Brashier, Southeastern Regional Manager of Gallagher's retail property/casualty brokerage operations.
J. Patrick Gallagher, Jr., Chairman, President and CEO said, "Whitehaven's professional staff has an excellent reputation for their industry experience and solid market relationships. Their team-based culture, specialized expertise, and outstanding client service will be a wonderful complement to our Southeastern Region. We look forward to working with Bruce, Debra, Scott and their colleagues, and we 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 17 countries and offers client service capabilities in more than 110 countries around the world through a network of correspondent brokers and consultants.
CONTACT: Marsha J. Akin
Director – Investor Relations
630-285-3501 or [email protected]
SOURCE Arthur J. Gallagher & Co.