Itasca, Ill.-based insurance broker, Arthur J. Gallagher & Co., has acquired Vincent L. Braband Insurance Inc. in Arlington Heights, Ill. Terms of the transaction were not disclosed.
Established in 1930, Vincent L. Braband Insurance Inc. (Braband) is a retail insurance broker providing commercial property/casualty, risk management consulting, employee benefits and personal lines insurance services to middle-market clients throughout the Midwest. They specialize in providing insurance coverage for law firms and the transportation industry.
Vincent “Skip” Braband and his associates will continue to operate under the direction of Michael Pesch, head of Gallagher’s Midwest region retail property/casualty brokerage operation.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
US Supreme Court Rejects Trump’s Global Tariffs 
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
