Arthur J. Gallagher & Co., a Illinois-based insurance brokerage firm, has acquired Kahl Insurance Services, a Colorado-based retail property/casualty and risk management insurance brokerage firm.

Kahl Insurance Services, established in 2000, offers risk management programs and services to their healthcare-provider clients including hospitals, physician practice groups, outpatient clinics, long-term care facilities, blood banks, and managed care organizations throughout the US.

As part of the acquisition, Steven Kahl and his staff will continue to operate in their current location under the direction of James McFarlane, Western regional manager of Gallagher’s retail property/casualty brokerage operation.

Terms of the transaction were not disclosed.

Arthur J. Gallagher chairman, president and CEO Patrick Gallagher said that Kahl Insurance Services offers their healthcare industry clients the broadest range of services to reduce their healthcare costs. Their healthcare expertise will be a terrific addition to their Western Region.