Arthur J. Gallagher, the global insurance brokerage and consulting firm, has acquired Kentucky-based Altman Insurance Services, an employee benefits brokerage and consultancy, Gallagher said in a news release Wednesday.
Terms of the deal were not disclosed. Altman, with offices in Louisville, operates in Kentucky, Indiana, Ohio and Tennessee. It was founded in 1988. Billy Altman and Mike Summerfield are principals. They and their team will remain in Louisville under the direction of Robby White, chief of Gallagher’s South Central benefits and brokerage operations.
Publicly traded Gallagher is headquartered in Rolling Meadows, Illinois.
Was this article valuable?
Here are more articles you may enjoy.
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules 
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says 
Supervisor’s Punching of Employees Enough for Tort Suit, NC Appeals Court Says 
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says 
