Arthur J. Gallagher & Co. announced it has acquired AquaSurance LLC in Houston, Texas.
Terms of the transaction were not disclosed.
Founded in 2002 by Harry Peyton and Marshall Schoth, AquaSurance is a property/casualty broker focused exclusively on serving Texas water utilities.
Harry Peyton and his associates will relocate to Gallagher’s Houston Galleria office under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations.
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois.
Source: Arthur J. Gallagher & Co.