Arthur J. Gallagher & Co. has acquired Group Insurance Associates Inc. (GIA), based in Metairie, Louisiana.
Group Insurance Associates was founded in 1983 as an employee-benefits insurance broker providing group insurance products to small and middle-market clients. GIA specializes in health, life, dental and disability coverage plans. The GIA team will continue operations at its current location, following the direction of John Neumaier, who heads up Gallagher's South Central employee-benefit consulting and brokerage division.
"GIA's team is well-known for their group expertise, market relationships and quality service," said J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher & Co. "In addition, their Louisiana presence and their team-based sales culture will be a terrific complement to our South Central employee benefits brokerage and consulting operation. We are pleased to welcome Wayne, Glenn and their associates to our growing Gallagher family of professionals."
Arthur J. Gallagher & Co. is an international insurance brokerage and risk management services firm based in Itasca. The company operates in 33 countries around the world and reaches more than 100 other countries through its network of correspondent brokers.