Acquired enterprise is a full-service insurance coverage dealer
Arthur J. Gallagher & Co. has introduced that it has acquired the belongings of the retail company enterprise of Coverys Insurance coverage Programs, a full-service insurance coverage dealer based mostly in East Lansing, Mich. Phrases of the transaction weren’t disclosed.
Coverys Insurance coverage Companies makes a speciality of medical malpractice {and professional} legal responsibility for healthcare shoppers throughout Michigan, Gallagher mentioned in a information launch.
As a part of the acquisition, the Coverys group will stay in its present location, reporting to Ryan Isaacs, head of Gallagher’s Midwest regional retail P&C brokerage operations.
“Coverys Insurance coverage Companies is a extremely regarded company whose deep healthcare experience gives important alternatives for progress within the area,” mentioned J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “I’m very happy to welcome the Coverys Insurance coverage Companies group to Gallagher.”
Coverys Insurance coverage Companies is the most recent in a string of acquisitions by Gallagher. Earlier this month, the brokerage big snapped up Connecticut-based WDK Advantages and The Evans Company, a business P&C agency headquartered in Williamsville, N.Y.
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