US-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co (AJG) has acquired Illinois-based The Hawk Agency.
Terms of the deal have not been disclosed.
Based in Peoria, Hawk is a retail insurance broker that provides commercial property/casualty, employee benefits, risk management consulting and personal lines insurance services to its clients across the Midwest.
The broker is also specialized in offering insurance coverages for the moving and storage industry.
Under the leadership of Gallagher’s Midwest region retail property/casualty brokerage operation head Michael Pesch, Hawk’s Thomas Fliege and his associates will continue to operate in their current location.
Arthur J. Gallagher & Co. chairman, president and CEO J. Patrick Gallagher, Jr. said: "The Hawk team is well known for their depth of experience and outstanding client service.
"Their geographic footprint and niche expertise will help expand our central Illinois presence and will be a terrific addition to our Midwest region."
Last week, AJG acquired Illinois-based Brown Hobbs & McMurray Insurance (BHM) and Georgia-based Managed Healthcare Solutions (MHS).
BHM is a retail insurance broker that offers commercial property/casualty, employee benefits, risk management consulting and personal lines insurance services to its customers in the Midwest.
MHS offers employee benefit consultation, management and brokerage services for clients across the southern US.
Image: AJG has acquired Illinois-based retail insurance broker The Hawk Agency. Photo: courtesy of Stuart Miles / FreeDigitalPhotos.net.