Arthur J. Gallagher & Co. Acquires Bremer Insurance Agencies, Inc.

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Bremer Insurance Agencies, Inc., a property/casualty insurance broker based in St. Paul, Minnesota. The acquired company, previously a subsidiary of Old National Bancorp (NASDAQ:ONB), serves commercial, agricultural, and personal lines clients across Minnesota, North Dakota, and Wisconsin.

The acquisition will strengthen AJG's presence in the Upper Midwest region. Travis Hoaglund and his team will continue operations under Sean Gallagher's leadership in the Great Lakes region retail property/casualty brokerage operations. Financial terms of the transaction were not disclosed.

Positive

• Strategic expansion of retail brokerage services in the Upper Midwest region
• Acquisition adds established client base across three states (Minnesota, North Dakota, Wisconsin)
• Strengthens AJG's presence in commercial, agricultural, and personal lines insurance sectors
• Retention of experienced leadership team enhances operational continuity

Negative

• Financial terms not disclosed, limiting assessment of deal value and impact
• Integration costs and potential operational challenges during transition period

ROLLING MEADOWS, Ill., Sept. 9, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of St. Paul, Minnesota-based Bremer Insurance Agencies, Inc. Terms of the transaction were not disclosed.

Bremer Insurance Agencies, a subsidiary of Old National Bancorp (NASDAQ:ONB) following the completion of Old National's acquisition of Bremer Bank, is a property/casualty insurance broker serving commercial, agricultural and personal lines clients in Minnesota, North Dakota and Wisconsin. Travis Hoaglund and his team will operate under the direction of Sean Gallagher, head of Gallagher's Great Lakes region retail property/casualty brokerage operations.

"Bremer Insurance Agencies has an excellent record of client service and will expand our retail brokerage offerings in the Upper Midwest," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Travis and his associates to Gallagher."

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	Media: Paul Day, Senior Media Relations Manager
630-285-3661/ ray_iardella@ajg.com	630-285-5946/ paul_day1@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What company did Arthur J. Gallagher (NYSE:AJG) acquire in September 2025?

Arthur J. Gallagher acquired Bremer Insurance Agencies, Inc., a property/casualty insurance broker based in St. Paul, Minnesota.

What markets does Bremer Insurance Agencies serve?

Bremer Insurance Agencies serves clients across three states: Minnesota, North Dakota, and Wisconsin, focusing on commercial, agricultural, and personal lines insurance.

Who will lead the acquired Bremer Insurance operations at AJG?

Travis Hoaglund and his team will operate under the direction of Sean Gallagher, who heads Gallagher's Great Lakes region retail property/casualty brokerage operations.

How many countries does Arthur J. Gallagher & Co. operate in?

Arthur J. Gallagher & Co. provides insurance brokerage, risk management, and consulting services in approximately 130 countries through owned operations and a network of correspondent brokers and consultants.

What was the purchase price for AJG's acquisition of Bremer Insurance?

The financial terms of the acquisition were not disclosed in the announcement.