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Classified in: Business
Subject: TNM

Arthur J. Gallagher & Co. Acquires Tyler Insurance Agency


ROLLING MEADOWS, Ill., Oct. 16, 2018 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of El Centro, California-based Tyler Insurance Agency. Terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. Logo (PRNewsfoto/Arthur J. Gallagher & Co.)

Founded in 1921 by Harold Tyler, Tyler Insurance Agency provides a full range of property/casualty insurance and risk management services to businesses and families across southern and central California, with a focus on serving agribusinesses, public entities, electric utilities, schools and construction firms. Allen Tyler, David Tyler and their associates will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

"Allen and David are active and well-recognized leaders within the insurance industry and their community, which is in keeping with our Gallagher culture. They also offer complementary strengths in a number of practice areas," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "It is a pleasure to welcome Allen, David and their associates to Gallagher."

"The Tyler Insurance Agency brings us additional agricultural and public entity expertise and their deep client connections in surrounding communities will help us further expand our business in the region," added Scott Firestone.

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 34 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

Investors:  Ray Iardella

Media:  Linda J. Collins                         

VP ? Investor Relations

VP ? Corporate Communications

630-285-3661/ [email protected] 

630-285-4009/ [email protected]

 

SOURCE Arthur J. Gallagher & Co.


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