ROLLING
MEADOWS, Ill., Jan. 29,
2024 /PRNewswire/ -- Arthur J. Gallagher &
Co. today announced that its U.S. wholesale brokerage, binding
authority and programs division, Risk Placement Services, Inc.
(RPS), has acquired Metairie,
Louisiana-based Forest Insurance Facilities. Terms of the
transaction were not disclosed.
Forest Insurance Facilities is a commercial lines wholesale
insurance broker and managing general agency (MGA) serving
clients throughout Louisiana.
Wayne Forest, Jr., Matt Forest and their team will remain in their
current location under the direction of Laura Allen, head of RPS's Southeast region
binding operations.
"Forest Insurance Facilities is a well-regarded business whose
surplus lines expertise will enhance our wholesale capabilities in
the region," said J. Patrick Gallagher,
Jr., Chairman and CEO. "I am very pleased to welcome Wayne,
Matt and their associates to our growing team."
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
and consultants.
Investors: Ray
Iardella, VP - Investor Relations
|
Media: Paul Day,
Communications Manager
|
630-285-3661/
ray_iardella@ajg.com
|
630-285-5946/ paul_day1@ajg.com
|
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SOURCE Arthur J. Gallagher &
Co.