Arthur J. Gallagher Acquires First Iowa Insurance Agency

Arthur J. Gallagher & Co. has acquired Cedar Rapids, Iowa-based Hammerberg Insurance Services Inc., dba First Iowa Insurance Agency Inc.

Terms of the transaction were not disclosed.

Founded in 1912, First Iowa Insurance Agency offers commercial and personal property/casualty insurance, group and individual health, and individual life coverage and services to clients throughout Iowa and the Central United States. It also provides commercial safety, loss control and OSHA compliance consulting services.

Ronald Hammerberg, Robert Hammerberg and their associates will continue to operate from their current location under the direction of Patrick M. Gallagher, head of Gallagher’s Midwest region retail property/casualty brokerage operations, and Jerry Roberts, head of Gallagher’s Heartland region employee benefits consulting and brokerage operations.

Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

Source: Arthur J. Gallagher & Co.