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AJG Acquires Florida’s Specialty Threat Administration Company

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The worldwide insurance coverage brokerage Arthur J. Gallagher has acquired Fort Myers-based Specialty Threat Administration Companies and its affiliate company, Personal Consumer Insurance coverage Companies, the dealer introduced Monday.

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Specialty Threat supplies industrial property insurance coverage companies in Florida, together with employees’ compensation, auto, normal legal responsibility, in addition to claims administration. Personal Consumer makes a speciality of industrial danger, condominium affiliation protection and in private traces, together with owners, flood, auto and yacht insurance coverage.

Phrases of the deal weren’t disclosed.

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Elaine Hawkins, Wes Brewer and different Specialty personnel will stay of their present locales, reporting to Bumpy Triche, head of Gallagher’s Southeast property/casualty brokerage operations, Gallagher mentioned in a information launch.

Subjects
Florida
Mergers & Acquisitions
Excess Surplus
A.J. Gallagher
Risk Management

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