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Arthur J. Gallagher & Co. Acquires Wilkins & Associates Insurance Services, Inc.

Arthur J. Gallagher & Co. (NYSE: AJG) has acquired Wilkins & Associates Insurance Services, Inc., a retail insurance broker based in Reno, Nevada.

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Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE: AJG) has acquired Wilkins & Associates Insurance Services, Inc., a retail insurance broker based in Reno, Nevada. Founded by Tom and Melanie Wilkins, the firm specializes in commercial and personal lines insurance services for clients in Reno and western Nevada. Under the acquisition, Steve Wilkins, Jared Wilkins, and their team will continue operations under Scott Firestone's leadership, who heads Gallagher's Southwest region retail property/casualty brokerage operations. The acquisition strengthens Gallagher's retail brokerage presence in Nevada. Financial terms of the transaction were not disclosed. Gallagher, headquartered in Rolling Meadows, Illinois, operates as a global insurance brokerage, risk management, and consulting services firm across approximately 130 countries.
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Positive

  • Expands Gallagher's retail brokerage capabilities in the Nevada market
  • Adds an established insurance broker with strong local presence in western Nevada
  • Acquisition aligns with Gallagher's culture through client-focused operations
  • Retains experienced leadership team and staff for operational continuity

Negative

  • None.
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-2.58% session move Open Argus
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News Market Reaction – AJG

The recorded move for AJG in the trading session of this news was -2.58%.

Data tracked by StockTitan Argus. Session date unavailable.

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ROLLING MEADOWS, Ill., June 4, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Reno, Nevada-based Wilkins & Associates Insurance Services, Inc. Terms of the transaction were not disclosed.

Wilkins & Associates, founded by Tom and Melanie Wilkins, is a retail insurance broker serving commercial and personal lines clients in Reno and western Nevada. Steve Wilkins, Jared Wilkins and their team will operate under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

"Wilkins & Associates is a highly regarded firm with a client-focused culture that will enhance our retail brokerage capabilities in Nevada," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Steve, Jared and their 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

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-wilkins--associates-insurance-services-inc-302470503.html

SOURCE Arthur J. Gallagher & Co.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What company did Arthur J. Gallagher (AJG) acquire in Nevada?

Arthur J. Gallagher acquired Wilkins & Associates Insurance Services, Inc., a retail insurance broker based in Reno, Nevada.

Who will lead the Wilkins & Associates team after the AJG acquisition?

Steve Wilkins, Jared Wilkins and their team will operate under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

What services does Wilkins & Associates provide?

Wilkins & Associates provides retail insurance brokerage services for commercial and personal lines clients in Reno and western Nevada.

How many countries does Arthur J. Gallagher operate in?

Arthur J. Gallagher provides 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 Wilkins & Associates?

The financial terms of the transaction were not disclosed in the press release.

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