ROLLING MEADOWS, Ill.,
July 8, 2019 /PRNewswire/
-- Arthur J. Gallagher & Co. today announced the
acquisition of Palm Beach Gardens,
Florida-based Stonehenge Insurance Solutions, Inc. Terms of
the transaction were not disclosed.
Founded in 2007, Stonehenge Insurance Solutions offers
commercial insurance products and consulting services to
Professional Employer Organizations (PEO's) and Staffing clients
throughout the United States.
Stonehenge delivers specialized products such as worker's
compensation; professional, employment practices, general and cyber
liability; commercial, hired and non-owned auto; workplace
violence; umbrella coverages; and many other customized solutions.
Jeff Rendel, Troy Reynolds, Chris
O'Connor and their associates will relocate to their new
offices in Tequesta, Florida, in
July, under the direction of Peter
Doyle, head of Gallagher's Southeast region retail
property/casualty brokerage operations.
"Stonehenge is one of the premier PEO and staffing-centric
insurance agencies in the country and will significantly strengthen
our retail capabilities in that market. They will also expand
cross-selling opportunities between our retail and wholesale
brokerage operations," said J. Patrick
Gallagher, Jr., Chairman, President and CEO. "I am very
pleased to welcome Jeff, Troy, Chris and their team to
Gallagher."
Arthur J. Gallagher & Co.
(NYSE:AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows,
Illinois. The company 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
|
View original content to download
multimedia:http://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-stonehenge-insurance-solutions-inc-300879390.html
SOURCE Arthur J. Gallagher &
Co.