Arthur J. Gallagher & Co. has announced the acquisition of Woods & Grooms, Inc. of Columbus, Ind. Terms of the transaction were not disclosed.
Woods & Grooms is a retail insurance broker and group captive administrator, offering risk management, commercial property/casualty insurance services and captive management services to the diesel engine distribution industry. Phillip L. Woods, Michael W. Willett and their associates will continue in their present roles from their current location under the direction of David J. McManus, President of Artex Risk Solutions, Inc., Arthur J. Gallagher & Co.’s international captive subsidiary.
Arthur J. Gallagher & Co., is an international insurance brokerage and risk management services firm headquartered in Itasca, Ill.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
WTW Survey: Insurers Using Advanced Analytics and AI See Strong Returns 
