Arthur J. Gallagher & Co. (AJG) has announced its acquisition of BMR Insurance, known in the industry as Murray Gardner Insurance Agency Inc., a retail insurance agency. The specific financial arrangements of the deal have not been disclosed.
This strategic acquisition aims to bolster the Illinois-based company's reach throughout Southern California.
Upon finalization of the acquisition, Gary Arch from BMR Insurance, along with his team, will operate under the leadership of Scott Firestone, who oversees the retail property/casualty brokerage operations for AJG in the Southwest region.
At the moment, shares of Arthur J. Gallagher & Co. have seen a modest increase, trading at $288.44, reflecting a 0.03 percent rise on the New York Stock Exchange.
The material has been provided by InstaForex Company - www.instaforex.com
This strategic acquisition aims to bolster the Illinois-based company's reach throughout Southern California.
Upon finalization of the acquisition, Gary Arch from BMR Insurance, along with his team, will operate under the leadership of Scott Firestone, who oversees the retail property/casualty brokerage operations for AJG in the Southwest region.
At the moment, shares of Arthur J. Gallagher & Co. have seen a modest increase, trading at $288.44, reflecting a 0.03 percent rise on the New York Stock Exchange.
The material has been provided by InstaForex Company - www.instaforex.com