ROLLING MEADOWS, Ill.,
July 16, 2018 /PRNewswire/
-- Arthur J. Gallagher & Co. today announced the
acquisition of The Jack Nebel Companies, Inc., based in
North Barrington, Illinois. Terms
of the transaction were not disclosed.
The Jack Nebel Companies, a wholesale commercial insurance
broker and managing general agency (MGA), serves independent retail
agents and brokers across the Midwestern United States. It offers a
variety of property/casualty coverages, with a primary focus on
general contractors, artisan contractors, apartments, mixed-use
properties and vacant buildings. Jack
Nebel, Brian Nebel and their
associates will continue to operate from their current location
under the direction of Joel
Cavaness, President of Risk Placement Services, Inc. (RPS),
Gallagher's wholesale broker and MGA.
"The Jack Nebel Companies is well respected by its clients, and
has consistently achieved organic growth while maintaining
profitability for its carriers," said J. Patrick Gallagher, Jr., Chairman, President and
CEO. "I am delighted to welcome Jack, Brian and their associates to
our growing Gallagher family of professionals."
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 34 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.