Arthur J. Gallagher & Co. Acquires Bremer Insurance Agencies, Inc.
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.
Arthur J. Gallagher & Co. (NYSE:AJG) ha annunciato l'acquisizione di Bremer Insurance Agencies, Inc., un broker di assicurazioni property/casualty con sede a St. Paul, Minnesota. L'azienda acquisita, precedentemente controllata da Old National Bancorp (NASDAQ:ONB), serve clienti commerciali, agricoli e privati in Minnesota, North Dakota e Wisconsin.
L'operazione rafforzerà la presenza di AJG nell'Upper Midwest. Travis Hoaglund e il suo team continueranno le attività sotto la guida di Sean Gallagher nelle operazioni retail property/casualty della regione dei Grandi Laghi. I termini finanziari della transazione non sono stati resi noti.
Arthur J. Gallagher & Co. (NYSE:AJG) ha anunciado la adquisición de Bremer Insurance Agencies, Inc., un corredor de seguros de daños y pérdidas con sede en St. Paul, Minnesota. La compañía adquirida, anteriormente subsidiaria de Old National Bancorp (NASDAQ:ONB), atiende a clientes comerciales, agrícolas y particulares en Minnesota, Dakota del Norte y Wisconsin.
La adquisición reforzará la presencia de AJG en el Upper Midwest. Travis Hoaglund y su equipo seguirán operando bajo el liderazgo de Sean Gallagher en las operaciones minoristas de seguros property/casualty de la región de los Grandes Lagos. No se divulgaron los términos financieros de la transacción.
Arthur J. Gallagher & Co. (NYSE:AJG)는 미네소타 세인트폴에 본사를 둔 재산·손해보험 중개회사 Bremer Insurance Agencies, Inc.를 인수했다고 발표했습니다. 인수 대상 회사는 이전에 Old National Bancorp (NASDAQ:ONB)의 자회사였으며 미네소타, 노스다코타, 위스콘신의 상업, 농업 및 개인 고객을 대상으로 서비스를 제공합니다.
이번 인수로 AJG의 업퍼 미드웨스트 지역 내 입지가 강화될 것입니다. Travis Hoaglund와 그의 팀은 그레이트레이크스 지역 소매 재산·손해보험 중개 사업에서 Sean Gallagher의 지휘 하에 계속 운영됩니다. 거래의 재무 조건은 공개되지 않았습니다.
Arthur J. Gallagher & Co. (NYSE:AJG) a annoncé l'acquisition de Bremer Insurance Agencies, Inc., un courtier en assurances dommages et responsabilités basé à St. Paul, Minnesota. La société acquise, auparavant filiale d'Old National Bancorp (NASDAQ:ONB), dessert des clients commerciaux, agricoles et particuliers dans le Minnesota, le Dakota du Nord et le Wisconsin.
Cette acquisition renforcera la présence d'AJG dans la région du Upper Midwest. Travis Hoaglund et son équipe continueront d'opérer sous la direction de Sean Gallagher au sein des activités de courtage retail property/casualty de la région des Grands Lacs. Les conditions financières de la transaction n'ont pas été divulguées.
Arthur J. Gallagher & Co. (NYSE:AJG) hat die Übernahme von Bremer Insurance Agencies, Inc., einem Property/Casualty-Versicherungsmakler mit Sitz in St. Paul, Minnesota, bekanntgegeben. Das erworbene Unternehmen, zuvor eine Tochtergesellschaft von Old National Bancorp (NASDAQ:ONB), betreut gewerbliche, landwirtschaftliche und private Kunden in Minnesota, North Dakota und Wisconsin.
Die Übernahme wird AJGs Präsenz im Upper Midwest stärken. Travis Hoaglund und sein Team werden unter der Leitung von Sean Gallagher die Geschäftsaktivitäten im Retail-Property/Casualty-Bereich der Great Lakes-Region fortführen. Finanzielle Details der Transaktion wurden nicht bekanntgegeben.
- 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
- Financial terms not disclosed, limiting assessment of deal value and impact
- Integration costs and potential operational challenges during transition period
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
"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
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.
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