US-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has completed acquisition Insurance Risk Managers of Missouri (IRM), for an undisclosed amount.
As part of acquisition, RIM’s team will continue operations from in St. Louis, US, under the leadership of Arthur J. Gallagher’s South Central retail property/casualty brokerage operation head Mike Henthorn.
Terms of the transaction remained undisclosed.
Arthur J. Gallagher & Co. chairman, president and CEO J Patrick Gallagher, Jr said the IRM team’s focus on quality sales and client service will benefit Arthur J. Gallagher & Co. in the South Central region.
Established in 1996, IRM is a retail insurance broker providing commercial property/casualty and risk management insurance services for its clients.
The company offers coverage for the moving and storage industry including owner/operator segments.
Arthur J Gallagher & Co manages its operations in 18 nations and delivers client-service capabilities in more than 110 geographies globally, through a network of correspondent brokers and consultants.