Arthur J. Gallagher & Co. has acquired insurance brokerage operations of Robinson-Adams Insurance Inc. in Birmingham, Alabama. Terms of the transaction were not disclosed.
The acquisition does not involve the affiliated companies, including automotive-related businesses, AutoTec, LLC, Red Mountain Technologies, LLC and Centennial Casualty Co., which will continue to run independently.
Founded in the 1880s, Robinson-Adams Insurance, Inc. is a retail insurance broker providing commercial property/casualty insurance and risk management services. It specializes in insurance for long-term health care facilities and the wholesale automobile auction industry.
Martha Acker, William Dodson Jr. and their associates will continue to operate from their Birmingham location as Robinson-Adams Insurance under the direction of Mitchel Brashier, Southeastern regional manager of Gallagher’s retail property/casualty brokerage operation.
Topics Mergers & Acquisitions Alabama
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