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Arthur J. Gallagher & Co. Acquires Leavitt Insurance Services of Los Angeles

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ROLLING MEADOWS, Ill., May 4, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Woodland Hills, California-based Leavitt Insurance Services of Los Angeles. Terms of the transaction were not disclosed.

Leavitt offers commercial property/casualty insurance as well as employee benefits consulting to clients in the Southwest US. Teri Frankel, Kenneth Blaich and their team will remain in their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations, and Charlie Isaacs, head of Gallagher's West region employee benefits consulting operations.

"Leavitt is a highly regarded agency whose culture aligns with ours, and their expertise across a variety of niches will strengthen our capabilities in the region," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Teri, Ken and their associates to our growing, global team."

Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investors: Ray Iardella, VP - Investor Relations

630-285-3661/ ray_iardella@ajg.com


Media: Paul Day, Communications Manager

630-285-5946/ paul_day1@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co.

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About AJG

gallagher, a global insurance brokerage and risk management services firm, helps clients address risk, protect assets and recover from losses. the products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. gallagher is the only insurance broker recognized by the ethisphere institute as a world's most ethical company. gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. gallagher also offers claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services. find us on social media: facebook: http://www.facebook.com/lifeatgallagher instagram: http://instagram.com/lifeatgallagher twitter: https://twitter.com/lifeatgallagher or http://twitter.com/ajgcorporate