Arthur J. Gallagher & Co. Acquires M.J. Schuetz Insurance Services Inc.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of M.J. Schuetz Insurance Services Inc., an Indianapolis-based insurance provider. Schuetz Insurance specializes in property/casualty, surety and bonding services across the Midwest, with particular expertise in construction, landscaping, manufacturing and real estate sectors.
The Schuetz Insurance team, including Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli, and Pamela Kreeb, will maintain their current location under Sean Gallagher's leadership, who heads Gallagher's Great Lakes region retail property/casualty brokerage operations. Financial terms of the transaction were not disclosed.
Arthur J. Gallagher & Co. (NYSE:AJG) ha annunciato l'acquisizione di M.J. Schuetz Insurance Services Inc., un fornitore di assicurazioni con sede a Indianapolis. Schuetz Insurance si specializza in servizi di proprietà/incidenti, cauzione e garanzia nel Midwestern, con una particolare esperienza nei settori costruzione, giardinaggio, produzione e immobiliare.
Il team di Schuetz Insurance, inclusi Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli e Pamela Kreeb, manterrà la propria sede attuale sotto la guida di Sean Gallagher, che dirige le operazioni di brokeraggio retail per proprietà/incidenti nella regione dei Grandi Laghi. I termini finanziari della transazione non sono stati rivelati.
Arthur J. Gallagher & Co. (NYSE:AJG) ha anunciado la adquisición de M.J. Schuetz Insurance Services Inc., un proveedor de seguros con sede en Indianápolis. Schuetz Insurance se especializa en servicios de propiedad/accidentes, fianzas y garantías en el Medio Oeste, con una experiencia particular en los sectores de construcción, jardinería, manufactura e inmobiliario.
El equipo de Schuetz Insurance, incluido Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli y Pamela Kreeb, mantendrá su ubicación actual bajo el liderazgo de Sean Gallagher, quien dirige las operaciones de corretaje de propiedad/accidentes en la región de los Grandes Lagos. Los términos financieros de la transacción no se han divulgado.
Arthur J. Gallagher & Co. (NYSE:AJG)는 인디애나폴리스에 본사를 둔 보험 제공업체인 M.J. Schuetz Insurance Services Inc. 인수 소식을 발표했습니다. Schuetz Insurance는 미주리 중서부 전역에서 재산/사고 보험, 보증 및 바인딩 서비스에 전문화되어 있으며, 건설, 조경, 제조 및 부동산 분야에서 특히 두드러진 전문성을 자랑합니다.
Schuetz Insurance 팀은 Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli 및 Pamela Kreeb이 포함되어 있으며, Gallagher의 그레이트 레이크 지역 소매 재산/사고 중개 운영을 이끄는 Sean Gallagher의 지도 아래 현재 위치를 유지할 것입니다. 거래의 재정 조건은 공개되지 않았습니다.
Arthur J. Gallagher & Co. (NYSE:AJG) a annoncé l'acquisition de M.J. Schuetz Insurance Services Inc., un fournisseur d'assurances basé à Indianapolis. Schuetz Insurance se spécialise dans les services d'assurance des biens et des accidents, de cautions et de garanties, notamment dans le Midwest, avec une expertise particulière dans les secteurs de la construction, de l'aménagement paysager, de la fabrication et de l'immobilier.
L'équipe de Schuetz Insurance, comprenant Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli et Pamela Kreeb, maintiendra son emplacement actuel sous la direction de Sean Gallagher, qui dirige les opérations de courtage de biens/accidents dans la région des Grands Lacs. Les modalités financières de la transaction n'ont pas été révélées.
Arthur J. Gallagher & Co. (NYSE:AJG) hat die Übernahme von M.J. Schuetz Insurance Services Inc. bekannt gegeben, einem Versicherungsanbieter mit Sitz in Indianapolis. Schuetz Insurance ist auf Sach- und Unfallversicherungen, Bürgschaften und Bindungsdienste in der Mitte des Westens spezialisiert und verfügt über besondere Expertise in den Bereichen Bauwesen, Landschaftsgestaltung, Produktion und Immobilien.
Das Team von Schuetz Insurance, einschließlich Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli und Pamela Kreeb, wird seinen aktuellen Standort unter der Leitung von Sean Gallagher beibehalten, der die Einzelhandelsvermittlung für Sach- und Unfallversicherungen in der Region der Großen Seen leitet. Die finanziellen Bedingungen der Transaktion wurden nicht bekannt gegeben.
- Strategic expansion of retail brokerage operations in the Midwest region
- Acquisition adds specialized expertise in construction, landscaping, manufacturing, and real estate sectors
- Retention of experienced Schuetz Insurance team maintaining operational continuity
- None.
Insights
Schuetz Insurance provides property/casualty, surety and bonding services throughout the Midwest with industry expertise in construction, landscaping, manufacturing and real estate. Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli, Pamela Kreeb and their team will remain in their current location under the direction of Sean Gallagher, head of Gallagher's Great Lakes region retail property/casualty brokerage operations.
"Schuetz Insurance has a deep history of growth and client service, and their strong niche capabilities will enhance our retail brokerage operations in the Midwest," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome the Schuetz Insurance team to our growing Gallagher family of professionals."
Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in
Investors: Ray Iardella, VP - Investor Relations | Media: Paul Day, Communications Manager |
630-285-3661/ ray_iardella@ajg.com | 630-285-5946/ paul_day1@ajg.com |
View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-mj-schuetz-insurance-services-inc-302334152.html
SOURCE Arthur J. Gallagher & Co.
FAQ
What companies are involved in AJG's latest acquisition?
What services does the newly acquired Schuetz Insurance provide?
Who will lead the Schuetz Insurance team after AJG's acquisition?
How will the Schuetz Insurance acquisition benefit AJG's operations?
