Arthur J. Gallagher & Co. has introduced the acquisition of Indiana-based Stewart, Brimner, Peters & Firm (SBP). Phrases of the transaction weren’t disclosed.
SBP is a retail insurance coverage dealer that gives industrial and private insurance coverage merchandise, in addition to worker advantages consulting, to purchasers in central and northern Indiana.
As a part of the transaction, Jason Brimner, John Brimner, Jeff Peters, Mick Stewart and their staff will stay of their present location. They are going to report back to Sean Gallagher, head of Gallagher’s Nice Lakes area retail property-casualty brokerage operations.
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“SBP’s robust consumer relationships and give attention to development will broaden our capabilities within the area,” stated J. Patrick Gallagher Jr., chairman, president and CEO of Arthur J. Gallagher. “I’m excited to welcome Jason, John, Jeff, Mick and their associates to our rising world staff.”
SBP is the newest in a string of acquisitions for Gallagher. Earlier this month, the worldwide dealer snapped up Tennessee-based Anderson Benson. In January, Gallagher’s Danger Placement Companies subsidiary acquired Texas-based Remco Insurance coverage Companies.
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