ITASCA, Ill., June 10 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced the acquisition of Walker Taylor Agency of Wilmington, North Carolina. Terms of the transaction were not disclosed.
Spanning five generations with insurance roots dating back to 1866, Walker Taylor Agency, Inc. is a retail insurance broker offering risk management and property/casualty insurance services to their mid-to-large commercial and personal clients throughout the United States. They specialize in the life sciences, technology, coastal property and other complex casualty business. Walker Taylor III, Walker Taylor IV, Katherine Taylor and their associates will continue to operate in their current location under the direction of Mitchel Brashier, Southeastern Regional Manager of Gallagher's retail property/casualty brokerage operation.
"Walker Taylor Agency's success is due in part to their outstanding level of business expertise in the life sciences and technology industries," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "This special expertise as well as an excellent reputation for their ability to service highly sophisticated clients will be a great complement to our retail brokerage niche sales strategy. We are pleased to welcome the Taylors and their team to our growing Gallagher family of professionals."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 15 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.
Arthur J. Gallagher & Co.
CONTACT: Marsha J. Akin, Investor Relations of Arthur J. Gallagher &
Co., +1-630-773-3800
Web Site: http://www.ajg.com/
