Itasca, Ill.-based insurance broker, Arthur J. Gallagher & Co., has acquired Vincent L. Braband Insurance Inc. in Arlington Heights, Ill. Terms of the transaction were not disclosed.
Established in 1930, Vincent L. Braband Insurance Inc. (Braband) is a retail insurance broker providing commercial property/casualty, risk management consulting, employee benefits and personal lines insurance services to middle-market clients throughout the Midwest. They specialize in providing insurance coverage for law firms and the transportation industry.
Vincent “Skip” Braband and his associates will continue to operate under the direction of Michael Pesch, head of Gallagher’s Midwest region retail property/casualty brokerage operation.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
