Gallagher Acquires New York’s Hughes Insurance Agency

Arthur J. Gallagher & Co. announced the acquisition of Queensbury, New York-based independent insurance agency, Hughes Insurance Agency, Inc.

From it headquarters in Queensbury and an office in Albany, Hughes serves the Glens Falls, Lake George Saratoga Springs corridor, as well as the greater Capital District areas of Albany, Troy, Latham, Clifton Park, and Malta.

Hughes is headed by Linda Abodeely, CPCU, president, and Joe Koncikowski, vice president, and represents national and regional insurance carriers offering personal and commercial insurance as well as life and health.

The agency team will continue to operate out of its current location as part of Gallagher Agency Alliance under the direction of Jen Tadin, managing director of Gallagher’s Global Small Business practice.

Terms of the transaction were not disclosed.

Gallagher Agency Alliance is a merger & acquisitions model partnering with agencies that specialize in small business property/casualty insurance and employee benefits. Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services firm, headquartered in Rolling Meadows, Illinois.

Topics Mergers & Acquisitions New York A.J. Gallagher