Arthur J. Gallagher & Co. Acquires Connecticut’s Merit Insurance

Arthur J. Gallagher & Co. has acquired Shelton, Conn.-based Merit Insurance Inc.

Founded in 1950, Merit Insurance is a retail property and casualty broker and employee benefits consultant offering a range of coverages and services to clients across the Northeast from offices in Shelton and Bridgeport, Connecticut. Areas of focus include contractors, public entities, real estate developers, nonprofits and high-net-worth clients.

Sean Carroll, James Benson and their associates will continue to operate from their current locations under the direction of Patrick Kennedy, head of Gallagher’s Northeast region retail property and casualty brokerage operations, and Tom Belmont Jr., head of Gallagher’s Northeast Atlantic employee benefits consulting and brokerage operations.

Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Ill.

Source: Arthur J. Gallagher & Co.

Topics Mergers & Acquisitions Connecticut