Arthur J. Gallagher & Co. has acquired Ashmore & Associates Insurance Agency Inc. headquartered in Lubbock, Texas.
Terms of the transaction were not disclosed.
Founded in 1984, Ashmore & Associates Insurance Agency Inc. (Ashmore) is a retail insurance broker providing property/casualty, employee benefits consulting, and risk management insurance services for their commercial and personal lines clients in the central United States. The firm specializes in placing coverage for the manufacturing, healthcare and energy industries.
Wilburn Ashmore, Elizabeth Ashmore and their team will continue to operate from their locations in Lubbock, Canadian and Midland, Texas, under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations, and John Neumaier, head of Gallagher’s South Central employee benefit consulting and brokerage operations.
Source: Arthur J. Gallagher & Co.
Topics Mergers & Acquisitions Texas
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