ROLLING MEADOWS, Ill.,
Sept. 9, 2019 /PRNewswire/
-- Arthur J. Gallagher & Co. today announced the
acquisition of Humble, Texas-based
Serna Insurance Agency. Terms of the transaction were not
disclosed.
Founded in 2001 by Pete and Martha
Serna, Serna Insurance Agency offers private client,
personal lines and commercial insurance products and services to
clients throughout the state of Texas and surrounding states. Pete, Martha and
their associates will continue to operate from their current
location under the direction of Jeff
Saunders, head of Gallagher's U.S. personal lines
operations.
"Personal lines is an important strategic initiative for
Gallagher, and Serna's reputation as a high-quality personal lines
agency across Texas is a natural
fit with our strategy," said J. Patrick
Gallagher, Jr., Chairman, President and CEO. "I am very
pleased to welcome Pete, Martha and their associates to our growing
global team."
"The Serna Insurance Agency is among the largest independent
private client and personal lines agencies in Texas," added Jeff
Saunders. "They have built an excellent reputation as a
trusted advisor to their clients."
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
|
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SOURCE Arthur J. Gallagher &
Co.