Arthur J. Gallagher & Co. Acquires Nourse Insurance Brokers

Arthur J. Gallagher & Co. has acquired Nourse Insurance Brokers Inc. in Walnut Creek, Calif. Terms of the transaction were not disclosed.

Founded in 1935, Nourse Insurance Brokers Inc. is a retail insurance broker offering personal and commercial property/casualty insurance products and services to their clients throughout the Western United States. The company has expertise with personal lines, especially high net worth clients, and offer insurance programs that meet the needs for small- to medium-sized businesses. Dina Campana Smith, James B. Salisbury and their associates will continue to operate in their Walnut Creek location under the direction of James G. McFarlane, West Coast Regional Manager of Gallagher’s retail property/casualty brokerage operations.

J. Patrick Gallagher Jr., chairman, president and CEO said, “Nourse Insurance Brokers’ professional staff has an excellent reputation for their industry experience and solid market relationships. Their team-based culture and outstanding client service will be a wonderful complement to our West Coast Region.”

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill., has operations in 15 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants.

Source: Arthur J. Gallagher & Co.