MEADOWS, Ill., May 23, 2023
/PRNewswire/ -- Arthur J. Gallagher
& Co. today announced the acquisition of Altamonte Springs, Florida-based Insurance by
Ken Brown, Inc. (IBKB). Terms of the
transaction were not disclosed.
IBKB is a retail insurance broker specializing in the
construction and swimming pool industries, serving clients
throughout Florida and the
Southeast US. Ken Brown,
Derek Brown and their team will
remain in their current location under the direction of
Peter Doyle, head of Gallagher's
Southeast retail property/casualty brokerage operations.
"IBKB has a strong reputation and family culture, and their
market expertise will enhance our opportunities in the region,"
said J. Patrick Gallagher, Jr.,
Chairman, President and CEO. "I am very pleased to welcome Ken,
Derek and their 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
Iardella, VP - Investor Relations
Media: Paul Day,
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SOURCE Arthur J. Gallagher &