Arthur J. Gallagher & Co. acquired the privately held property and casualty insurance brokerage firm, The Galtney Group Inc., of Houston. The terms of the transaction were not disclosed. According to the company, The Galtney Group specializes in placing and structuring medical malpractice, professional liability insurance and other insurance coverages for the healthcare sector, including directors’ and officers’ liability, errors and omissions, stop loss for physicians and hospitals involved in managed care contracts, and workers’ compensation. The company also provides litigation and claims settlement and risk management services to the healthcare industry. The organization will operate as Gallagher Healthcare Insurance Services Inc., under the direction of Galtney’s current management.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Berry Producer Driscoll’s Sued Over Alleged Greenwashing, Use of Forever Chemicals 
After 55 Years in Florida Insurance, Tom Lynch Reflects on Agencies, Changes Needed 
CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal 
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal From This Issue
