Arthur J. Gallagher Acquires B&W Insurance Agency to Expand Offerings

Arthur J. Gallagher & Co. has successfully acquired B&W Insurance Agency, Inc., based in Washington, Pennsylvania. While the specific financial terms remain confidential, this strategic acquisition is set to enhance Gallagher's personal and commercial insurance offerings in the southwestern Pennsylvania market. The addition of B&W Insurance bolsters Gallagher's position in the industry by integrating established local expertise.

B&W Insurance primarily specializes in delivering personal lines and commercial brokerage services. The team, led by Paul Barzd III and Jim Cote, will remain in their current office and report to Jen Tadin, who oversees Gallagher Select's U.S. property/casualty division for small businesses and personal insurance. This seamless integration is expected to meet regulatory compliance requirements while offering advanced risk management solutions to clients.

J. Patrick Gallagher, Jr., CEO and Chairman, provided insights on the acquisition, stating, "B&W Insurance Agency is well-regarded locally and will augment our services for small business clients." As a global leader headquartered in Rolling Meadows, Illinois, Gallagher specializes in insurance brokerage, risk management, and consulting services across approximately 130 countries, ensuring comprehensive industry solutions through its network of partners.

For further inquiries about this acquisition, Ray Iardella, Vice President of Investor Relations, and Paul Day, Senior Media Relations Manager, are available for contact. This marks another significant step for Gallagher in expanding its footprint and enhancing its service offerings in compliance with industry standards.