US-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. (AJG) has acquired Iowa-based Miller-Harrison Insurance Services.
Terms of the transaction have not been disclosed.
Arthur J. Gallagher & Co. chairman, president and CEO J. Patrick Gallagher, Jr., said: ""The Miller-Harrison team is well-known for their focus on outstanding client relationships and depth of expertise, which will fit well within our culture.
"Their Iowa presence and strong carrier relationships will be a wonderful complement to our Midwest operations. We are extremely pleased to welcome Mike, Jeff and their team to our growing Gallagher family of professionals."
Established in 1919, Miller-Harrison is a retail insurance broker that offers commercial property/casualty, risk management consulting and personal lines insurance services to clients in the Midwest.
Under the leadership of Gallagher’s Midwest region retail property/casualty brokerage operations head Michael Pesch, the acquired business’ Michael Harrison, Jeffrey Miller and their team will continue to operate in Muscatine.
With operations in around 30 countries, AJG offers client-service capabilities in about 140 countries across the globe through a network of correspondent brokers and consultants.
Image: Gallagher has acquired retail insurance broker Miller-Harrison Insurance Services. Photo: courtesy of Supertrooper/ FreeDigitalPhotos.net.