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Gallagher continues acquisition spree with Connecticut swoop

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Gallagher continues acquisition spree with Connecticut swoop | Insurance coverage Enterprise America















Deal expands its non-public shopper capabilities

Gallagher continues acquisition spree with Connecticut swoop


Insurance coverage Information

By
Mika Pangilinan

Broking large Arthur J. Gallagher & Co. has introduced the acquisition of Connecticut-based Ericson Insurance coverage Companies, LLC, which operates as Ericson Insurance coverage Advisors.

Ericson Insurance coverage Advisors focuses on private strains insurance coverage for high-net-worth shoppers throughout the US. The crew, led by Spencer Houldin and Peter Houldin, will proceed working of their present Washington Depot location following Gallagher’s acquisition.

It is going to additionally deliver the Ericson Insurance coverage Advisors crew beneath Brendan Gallagher, head of Gallagher’s Northeast area retail property/casualty brokerage operations.

In a information launch asserting the swoop, chairman and CEO J. Patrick Gallagher, Jr. spoke of the corporate’s strategic imaginative and prescient for this addition.

“Ericson Insurance coverage Advisors is a extremely regarded company that may broaden the capabilities of our non-public shopper choices,” he stated. “I’m very happy to welcome Spencer, Peter and their associates to our rising Gallagher household of pros.”

Gallagher has a worldwide footprint in roughly 130 nations, delivering providers by owned operations and a community of correspondent brokers and consultants.  

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