ROLLING MEADOWS, Ill.,
June 13, 2019 /PRNewswire/ -- Arthur
J. Gallagher & Co. today announced the acquisition of
Rocklin, California-based Abram
Interstate Insurance Services, Inc. Terms of the transaction
were not disclosed.
Abram Interstate Insurance Services is a property/casualty
managing general agency offering a full range of commercial,
agri-business and personal insurance products to retail agents and
their customers, primarily throughout California. Ron
Abram and his associates will remain in their current
location under the direction of Joel
Cavaness, President of Risk Placement Services, Inc. (RPS),
a subsidiary of Arthur J. Gallagher
& Co.
"Ron Abram and his team are
highly regarded in the industry, and offer RPS a complementary
product mix and attractive new location," said J. Patrick Gallagher, Jr., Chairman, President and
CEO. "I am delighted to welcome Ron and his associates to our
growing Gallagher family of professionals."
Arthur J. Gallagher &
Co. (NYSE: AJG), an international insurance brokerage and risk
management services firm, is headquartered in Rolling Meadows, Illinois, has operations in
35 countries and offers client service capabilities in more than
150 countries around the world through a network of correspondent
brokers and consultants.
Investors: Ray
Iardella
|
Media: Linda J.
Collins
|
VP – Investor
Relations
|
VP – Corporate
Communications
|
630-285-3661/ ray_iardella@ajg.com
|
630-285-4009/ linda_collins@ajg.com
|
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SOURCE Arthur J. Gallagher &
Co.