Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co. announced the acquisition of Babcock Consulting Inc. of Metairie, La. Terms of the transaction were not disclosed.
Established in 1997, Babcock Consulting Inc. offers a wide range of employee benefit consultation and brokerage services that include benefit plan customization, financial analysis, legislative compliance, and employee communication support. Clayton Babcock and his associates will continue to operate out of their current office under the direction of David Ziegler, executive vice president, Eastern region of Gallagher Benefit Services Inc., a subsidiary of Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Update: NAIC Says Data Taken in Hack Has Been Published Online
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing
Ship Insurers Set for Major Claims From Iran War, Allianz Says 

