ROLLING MEADOWS, Ill.,
Dec. 15, 2021 /PRNewswire/
-- Arthur J. Gallagher & Co. today announced the
acquisition of Chicago-based Tave
Risk Management, LLC. Terms of the transaction were not
Founded in 2000, Tave Risk Management, LLC is a retail
property/casualty broker and risk advisory firm offering a full
range of risk placement, loss forecasting, risk management cost
allocation and risk financing services to large and mid-sized
clients across a range of industries, including manufacturing,
construction, financial services, nonprofits, museums and
universities, as well as high-net-worth private clients.
Ruth Tave and her associates will
remain in their current location under the direction of
Ryan Isaacs, head of Gallagher's
Midwest region retail property/casualty brokerage operations.
"Tave Risk Management brings us a highly specialized team with
deep expertise in managing complex, high-profile risks," said J.
Patrick Gallagher, Jr., Chairman,
President and CEO. "I am delighted to welcome Ruth and her
associates to our growing, global company."
Arthur J. Gallagher & Co.
(NYSE:AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows,
Illinois. The company has operations in 68 countries and
offers client service capabilities in more than 150 countries
around the world through a network of correspondent brokers and
Media: Linda J.
VP - Investor
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