Arthur J. Gallagher & Co. announced the acquisition of O’Gorman & Young Inc., headquartered in Chatham, New Jersey, including its affiliate G.R. Murray Insurance, in Princeton, New Jersey. Terms of the transaction were not disclosed.
Founded in 1894, O’Gorman & Young is a retail insurance broker providing commercial property/casualty, employee benefits, risk management consulting and personal lines insurance services to clients throughout the Eastern United States.
O’Gorman & Young specializes in insurance services for public and private schools, contractors, municipalities, lawyers and financial and nonprofit institutions. Ernest “Jay” Lawton and his team will continue to operate in their Chatham and Princeton locations under the direction of Douglas Brown, head of Arthur J. Gallagher & Co.’s Eastern region retail property/casualty brokerage operation.
Headquartered in Itasca, Illinois, Arthur J. Gallagher & Co. is an international insurance brokerage and risk management services firm. It has operations in 30 countries and offers client service capabilities in more than 140 countries through a network of correspondent brokers and consultants.
Topics Mergers & Acquisitions New Jersey
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