Arthur J. Gallagher & Co. acquired Bedford Hills, New York-based Lloyd Bedford Cox. Inc. (LBC). Terms of the transaction were not disclosed.
Founded in 1921, LBC is a fourth-generation retail insurance agency providing insurance coverage, services and risk assessment tools to high-net-worth individuals and families throughout the U.S., Europe, the Bahamas and the Caribbean.
J. Jeffers Cox and his associates will remain in their current location under the direction of Patrick Kennedy, head of Gallagher’s Eastern region retail property/casualty brokerage operations.
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 57 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Travelers to Open Technology Office in Atlanta 
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse 
Investors Are Increasingly Interested in a Novel Type of Weather Insurance 
London Firms Are Letting More Staff Work Entirely From Home 
