Itasca, Ill.-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. announced it has acquired Group Benefits of Arkansas LLC in Ft. Smith, Ark.
Established in 2004, Group Benefits of Arkansas LLC (GBA) offers a wide range of employee benefit consultation and brokerage services for their middle-market clients in Arkansas and Oklahoma. The agency specializes in group medical, dental, life and disability insurance with an emphasis on consumer directed plans such as health savings accounts, health reimbursement arrangements and cafeteria plans.
Andy Jackson, Ron Novak and their associates will continue to operate in their current location under the direction of John Neumaier, South Central regional executive vice president of Gallagher’s employee benefit consulting and brokerage operations.
Gallagher said the purchase is its first benefits-only acquisition in Arkansas.
Source: Arthur J. Gallagher & Co.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
How Niche Insurance Shielded Bad Bunny From Bad Weather 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
