This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Arthur J. Gallagher & Co. Acquires Tudor Risk Services, LLC

ITASCA, Ill., March 4, 2014 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Tudor Risk Services, LLC located in Woburn, Massachusetts.  Terms of the transaction were not disclosed.

Founded in 2009, Tudor Risk Services (Tudor) is a retail insurance broker providing property/casualty, risk management services and employee benefits insurance and consulting services.  They offer all lines of property and casualty insurance coverage, group health, welfare and wellness plans, and employee benefits consulting services for their commercial and high net worth clients throughout the northeastern United States.  They specialize in the technology, life sciences, healthcare and ambulatory, real estate, financial and professional services and manufacturing industries.  William Frain III, Thomas Porell and their colleagues will continue to operate under the direction of Douglas Brown, head of Gallagher's northeastern retail property/casualty brokerage operations and David Ziegler, head of Gallagher's eastern employee benefit consulting and brokerage operations.

"We continue to find new acquisition partners that have a strong level of industry experience and focus on high-quality client service," said J. Patrick Gallagher, Jr., Chairman, President and CEO.  "Tudor's northeastern presence and expertise will be a terrific complement to our property/casualty and employee benefits brokerage operations.  We are pleased to welcome Bill, Tom and their associates 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 25 countries and offers client service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants. 

Contact:  Marsha AkinDirector - 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 This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs