Arthur J. Gallagher Acquires Insurance Risk Managers of Missouri

Arthur J. Gallagher & Co. has acquired Insurance Risk Managers of Missouri Inc. in St. Louis. Terms of the transaction were not disclosed.

Founded in 1996, Insurance Risk Managers of Missouri (IRM) is a retail insurance broker providing commercial property/casualty and risk management insurance services for clients throughout the United States. The firm specializes in insurance coverage for the moving and storage industry including owner/operator segments.

Patrick E. McAleenan, Novis D. Adkins and their associates will continue to operate in St. Louis under the direction of Mike Henthorn, head of Gallagher’s South Central retail property/casualty brokerage operation.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill.

Source: Arthur J. Gallagher & Co.