Arthur J.
Gallagher has announced the acquisition of Texas insurance broker Ashmore & Associated Insurance Agency.
Ashmore & Associates, founded in 1984, is a retail insurance agency that provides property/casualty, employee benefits consulting, and risk management services for commercial and personal lines clients in the central United States, according to a Street Insider report. The company specializes in placing coverage for the healthcare, manufacturing and energy industries.
CEO Wilburn Ashmore and COO Elizabeth Ashmore and their team will continue to operate the business from their locations in Lubbock, Canadian and Midland, Texas. They’ll be under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty broker operations, and John Neumaier, head of South Central employee benefit consulting and brokerage operations.
“Ashmore is a wonderful example of our merger partner of choice. Not only do they add scale to our geographic footprint in that region, but their team is well-known in the industry for their depth of expertise, strong market relationships and high-quality client service,” said J. Patrick Gallagher, Jr., chairman, president and CEO of Arthur J. Gallagher. “Their strong West Texas presence and specializations will be a terrific fit within our South Central Region. We are extremely pleased to welcome Will, Beth and their associates to our growing Gallagher family of professionals.”
