Gallagher snaps up Michigan agency

Arthur J. Gallagher & Co. has introduced that it has acquired the belongings of the retail company enterprise of Coverys Insurance coverage Techniques, a full-service insurance coverage dealer primarily based in East Lansing, Mich. Phrases of the transaction weren’t disclosed.

Coverys Insurance coverage Providers focuses on medical malpractice {and professional} legal responsibility for healthcare shoppers throughout Michigan, Gallagher mentioned in a information launch.

As a part of the acquisition, the Coverys workforce will stay in its present location, reporting to Ryan Isaacs, head of Gallagher’s Midwest regional retail P&C brokerage operations.

“Coverys Insurance coverage Providers is a extremely regarded company whose deep healthcare experience gives important alternatives for development within the area,” mentioned J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “I’m more than happy to welcome the Coverys Insurance coverage Providers workforce to Gallagher.”

Coverys Insurance coverage Providers is the most recent in a string of acquisitions by Gallagher. Earlier this month, the brokerage big snapped up Connecticut-based WDK Advantages and The Evans Company, a industrial P&C agency headquartered in Williamsville, N.Y.

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