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Arthur J. Gallagher & Co. Acquires Brendis & Brendis Inc.

Stocks in this article: AJG

ITASCA, Ill., Dec. 4, 2012 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Brendis & Brendis Inc. located in Omaha, Nebraska.  Terms of the transaction were not disclosed.

Founded in 1989, Brendis & Brendis Inc. provides a wide range of employee benefit program consulting services for their employer group clients throughout the Midwest.  They specialize in health and welfare strategic planning, plan design, risk assessment, employee communications and compliance.  Ron Brendis, Janet Brendis and their associates will continue to operate in their current location under the direction of John Neumaier, South Central Regional Executive Vice President of Gallagher's employee benefit consulting and brokerage operations.

"Over the last 20 years, Brendis & Brendis has developed an outstanding reputation for their depth of industry experience and client-focused service," said J. Patrick Gallagher, Jr., Chairman, President and CEO.  "Their geographic presence and consulting expertise will be an outstanding addition to our employee benefits operations in the Midwest.  We are pleased to welcome Ron, Janet and their colleagues to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 17 countries and offers client-service capabilities in more than 110 countries around the world through a network of correspondent brokers and consultants.

Contact: Marsha J. Akin Director - Investor Relations630-285-3501 – marsha_akin@ajg.com

SOURCE Arthur J. Gallagher & Co.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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