Gallagher swoops for Brooklyn company

World brokerage Gallagher has introduced that it has acquired Brooklyn-based Aloia McKinnon Insurance coverage Brokerage.

Aloia McKinnon, based in 1947, is a common insurance coverage company specializing in small companies and people. It serves purchasers in Brooklyn and the broader Tri-State space.

As a part of the acquisition, Dean Aloia, Tom Aloia and the Aloia-McKinnon group will be part of the Gallagher Company Alliance, a merger and acquisitions mannequin specializing in companies focusing on small enterprise P&C insurance coverage and worker advantages. They are going to report back to Jen Tadin, managing director of Gallagher’s world small enterprise follow.

“With its sturdy repute as a neighborhood dealer, Aloia McKinnon is a perfect match for the Gallagher Company Alliance’s small enterprise strategic focus,” Tadin mentioned. “By becoming a member of Gallagher Company Alliance, Dean, Tom and their group can proceed to concentrate on what they do finest whereas benefiting from Gallagher’s market attain and area of interest experience. We look ahead to working with their group to additional develop their capabilities and supply insurance coverage options to the area people.”

Phrases of the acquisition weren’t disclosed.

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