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Arthur J. Gallagher & Co. Acquires Peabody Insurance Agency, Inc.

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Arthur J. Gallagher & Co. (NYSE:AJG) has acquired Peabody Insurance Agency, a Fenton, Michigan-based retail insurance agency. Peabody Insurance specializes in serving commercial and personal lines clients in southeast Michigan, with focus areas in construction, manufacturing and multifamily real estate.

The Peabody team, including Jim Peabody and Grace Peabody-Ljoljic, will continue operations from their current location under Sean Gallagher's leadership, who heads Gallagher's Great Lakes region retail property/casualty brokerage operations. Financial terms were not disclosed.

Arthur J. Gallagher & Co. (NYSE:AJG) ha acquisito Peabody Insurance Agency, un'agenzia di assicurazioni al dettaglio con sede a Fenton, Michigan. Peabody Insurance è specializzata nel servire clienti per linee commerciali e personali nel sud-est del Michigan, con aree di focus in costruzione, produzione e immobili multifamiliari.

Il team di Peabody, compresi Jim Peabody e Grace Peabody-Ljoljic, continuerà le operazioni dalla loro attuale sede sotto la guida di Sean Gallagher, che dirige le operazioni di brokerage di proprietà/incidenti al dettaglio nella regione dei Grandi Laghi di Gallagher. I termini finanziari non sono stati resi noti.

Arthur J. Gallagher & Co. (NYSE:AJG) ha adquirido Peabody Insurance Agency, una agencia de seguros al por menor con sede en Fenton, Michigan. Peabody Insurance se especializa en atender a clientes de líneas comerciales y personales en el sureste de Michigan, con áreas de enfoque en construcción, manufactura y bienes raíces multifamiliares.

El equipo de Peabody, incluidos Jim Peabody y Grace Peabody-Ljoljic, continuará las operaciones desde su ubicación actual bajo el liderazgo de Sean Gallagher, quien dirige las operaciones de corretaje de propiedad/casualty de la región de los Grandes Lagos de Gallagher. No se divulgaron los términos financieros.

Arthur J. Gallagher & Co. (NYSE:AJG)는 미시간주 펜톤에 본사를 둔 소매 보험 대리점인 Peabody Insurance Agency를 인수했습니다. Peabody Insurance는 미시간 남동부에서 상업 및 개인 보험 고객에게 서비스를 제공하는 전문 업체로, 건설, 제조 및 다가구 부동산에 중점을 두고 있습니다.

Peabody 팀, 즉 Jim Peabody와 Grace Peabody-Ljoljic는 Gallagher의 그레이트 레이크스 지역 소매 재산/우발 사고 중개 운영을 이끌고 있는 Sean Gallagher의 지도 아래 현재 위치에서 계속 운영할 것입니다. 금융 조건은 공개되지 않았습니다.

Arthur J. Gallagher & Co. (NYSE:AJG) a acquis Peabody Insurance Agency, une agence d'assurance de détail basée à Fenton, Michigan. Peabody Insurance se spécialise dans le service aux clients des secteurs commercial et personnel dans le sud-est du Michigan, avec des domaines d'intervention dans la construction, la fabrication et l'immobilier multifamilial.

L'équipe de Peabody, y compris Jim Peabody et Grace Peabody-Ljoljic, continuera ses opérations depuis son emplacement actuel sous la direction de Sean Gallagher, qui dirige les opérations de courtage en biens/risques de la région des Grands Lacs chez Gallagher. Les conditions financières n'ont pas été divulguées.

Arthur J. Gallagher & Co. (NYSE:AJG) hat Peabody Insurance Agency übernommen, eine Einzelhandelsversicherungsgesellschaft mit Sitz in Fenton, Michigan. Peabody Insurance spezialisiert sich auf die Betreuung von gewerblichen und privaten Kunden im Südosten von Michigan, mit Schwerpunkten in Bau, Fertigung und Mehrfamilienimmobilien.

Das Peabody-Team, einschließlich Jim Peabody und Grace Peabody-Ljoljic, wird die Geschäfte an ihrem derzeitigen Standort unter der Leitung von Sean Gallagher fortsetzen, der die Einzelhandels-Vermittlungsaktivitäten für Grundstücke/Haftpflicht in der Region der Großen Seen bei Gallagher leitet. Die finanziellen Bedingungen wurden nicht bekannt gegeben.

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ROLLING MEADOWS, Ill., Nov. 5, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. (Peabody Insurance). Terms of the transaction were not disclosed.

Peabody Insurance is a retail insurance agency serving commercial and personal lines clients primarily in southeast Michigan with specializations in construction, manufacturing and multifamily real estate. Jim Peabody, Grace Peabody-Ljoljic, their family and 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.

"Peabody Insurance is a highly regarded agency with niche expertise that will enhance our retail brokerage capabilities in Michigan," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Jim, Grace, their family and associates to Gallagher."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

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

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-peabody-insurance-agency-inc-302294999.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What company did Arthur J. Gallagher (AJG) acquire in November 2024?

Arthur J. Gallagher acquired Peabody Insurance Agency, a retail insurance agency based in Fenton, Michigan.

What are Peabody Insurance Agency's main specializations?

Peabody Insurance Agency specializes in construction, manufacturing, and multifamily real estate insurance services.

Will Peabody Insurance Agency's team remain in their current location after the AJG acquisition?

Yes, Jim Peabody, Grace Peabody-Ljoljic, their family and team will remain in their current location under Sean Gallagher's direction.

What region does Peabody Insurance Agency primarily serve?

Peabody Insurance Agency primarily serves clients in southeast Michigan.

Arthur J. Gallagher & Co.

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