Arthur J. Gallagher & Co. announced the acquisition of Springfield, Missouri-based Commercial Insurance Underwriters, Inc. (CIU). Terms of the transaction were not disclosed.
Founded in 1984, CIU is a surplus lines agency offering commercial, personal and professional lines coverages for businesses and individuals with complex, unique or hard-to-place risks, primarily throughout the upper and lower Midwest. Kim Moore and her associates will remain in their current location under the direction of Matt A. Lynch, head of Central Region-Binding for Risk Placement Services, Inc., Gallagher’s U.S. wholesale brokerage, binding authority and programs division.
Source: Arthur J. Gallagher & Co.
Topics Mergers & Acquisitions Commercial Lines Business Insurance Underwriting A.J. Gallagher Missouri
Was this article valuable?
Here are more articles you may enjoy.
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In 
Washington Commanders Player Scores Workers’ Compensation Win 
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team 
Viewpoint: How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage 
