Insurance brokerage and risk management services firm Arthur J. Gallagher & Co has acquired the US retail insurance broker Hogan Insurance Services.
Based in Westlake Village of California, Hogan provides property/casualty, employee benefits, risk management and specialty wholesale insurance services for commercial customers across Southern California.
Hogan also offers workers compensation insurance for the transportation, automotive, manufacturing and trucking industries.
Under the leadership of Gallagher’s retail property/casualty brokerage operation Western regional manager James McFarlane, Robert Hogan and his team will continue to operate from the existing Westlake Village location.
Arthur J. Gallagher & Co. chairman, president and CEO J. Patrick Gallagher, Jr. said: "Hogan has a culture that focuses on developing outstanding client relationships, strong carrier partners and high-quality sales and service capabilities.
"Its geographic presence, specialization and team-based culture will be an excellent complement to our Western Region brokerage operations."
The acquisition follows Gallagher’s recent purchase of US retail insurance broker Hagan Newkirk Financial Services.
Based in Little Rock of Arkansas, Hagan Newkirk provides employee benefit consultation and insurance brokerage services to its clients in the southern and central US.
Through a network of correspondent brokers and consultants, Gallagher provides insurance brokerage and risk management services in around 150 countries.
Image: Arthur J. Gallagher & Co acquires retail insurance broker Hogan Insurance Services. Photo: courtesy of Stuart Miles/FreeDigitalPhotos.net.