ROLLING
MEADOWS, Ill., March 23,
2022 /PRNewswire/ -- Arthur J. Gallagher &
Co. today announced the acquisition of Springfield, Missouri-based Commercial
Insurance Underwriters, Inc. (CIU). Terms of the transaction were
not disclosed.
Founded in 1984, CIU is a surplus lines agency offering
commercial, personal and professional lines coverages for
businesses and individuals with complex, unique or hard-to-place
risks, primarily throughout the upper and lower Midwest.
Kim Moore and her associates will
remain in their current location under the direction of
Matt A. Lynch, head of Central
Region-Binding for Risk Placement Services, Inc., Gallagher's U.S.
wholesale brokerage, binding authority and programs division.
"CIU is a widely known, well-managed agency that enhances RPS's
existing presence in the Springfield region," said J. Patrick Gallagher, Jr., Chairman, President and
CEO. "I am very pleased to welcome Kim and her 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. 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
consultants.
Investors: Ray
Iardella
|
Media: Linda J.
Collins
|
VP - Investor
Relations
|
VP- Corporate
Communications
|
630-285-3661/ ray_iardella@ajg.com
|
630-285-4009/
linda_collins@ajg.com
|
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SOURCE Arthur J. Gallagher &
Co.