Arthur J Gallagher acquires Stanton Group and Stanton Group Risk Management Services
Arthur J Gallagher, an insurance brokerage and risk management services firm, has acquired Stanton Group and Stanton Group Risk Management Services, both headquartered in Minneapolis, Minnesota, US. Terms of the transactions were not disclosed.
Stanton Group is an employee benefit broker that offers a range of employee benefits consulting and brokerage services to its clients throughout the midwest US and Texas including benefit analysis, planning and design; compensation consulting; training and development; actuarial and retirement consulting and employee communications support.
Stanton Group Risk Management Services is a retail insurance broker providing commercial property/casualty and risk management services to its midwestern clients.
Michael O’Brien, president of Stanton Group, and his associates will continue to operate from their Minneapolis headquarters. Their benefits operations in Minneapolis and Plymouth, Minnesota and Dallas, Texas will report through William Ziebell, north central regional executive vice president of Gallagher’s employee benefit consulting and brokerage operations.
Their retail property/casualty operations in Bloomington and Shakopee, Minnesota will report through Thomas Gallagher, midwest regional manager of Gallagher’s retail property/casualty
brokerage operations.
Patrick Gallagher, Jr., chairman, president and CEO of Arthur J Gallagher, said: For almost 60 years, the Stanton Group has been dedicated to helping their clients maximise their human resources, benefit and insurance plans. Their depth of experience, client-focused service and market relationships, will be a terrific complement to both our employee benefit and property/casualty operations. We are pleased to welcome Mike and his associates to our growing Gallagher family of professionals.