Arthur J Gallagher, a provider of insurance brokerage, risk management and related services, has announced the acquisition of Koster Insurance Agency of Quincy, Massachusetts.

Teresa Koster and her associates will continue to operate in their Quincy location as Gallagher Koster and will become a part of Gallagher’s higher education practice group.

Patrick Gallagher, chairman, president and CEO of Arthur J Gallagher, said: This is just one of the many reasons why Koster is such a terrific acquisition. Their depth of experience in educational healthcare and strong commitment to the student insurance industry make them a perfect complement to our higher education group. We are extremely pleased to welcome Teresa and her team to our growing Gallagher family of professionals.