Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Minnesota-based Gallagher & Associates Inc., a $1 million property and casualty insurance agency specializing in public school districts.
Gallagher & Associates, based in Blaine, Minn., will operate within RJF, a Marsh & McLennan Agency LLC company. The transaction is the first complementary acquisition for RJF, which MMA acquired in January 2011 to serve as its upper Midwest hub.
Tom Gallagher, John Siffert, and the rest of the Gallagher & Associates team will join RJF’s Minnesota office and continue in their current roles.
Marsh & McLennan Agency LLC
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 

