Arthur J. Gallagher announces latest acquisition, third-quarter results release

The international insurance brokerage shared the news that it has acquired a group employee benefits firm, as well as set a date for announcing its 3Q results.

Arthur J. Gallagher announces latest acquisition, third-quarter results release

Insurance News

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Arthur J. Gallagher & Co. this week announced the acquisition of Pewaukee, Wisconsin-based Burkwald & Associates Inc.

Founded in 1978, Burkwald & Associates is a management and employee benefits consulting firm that offers a full range of group employee benefits products and consulting services so commercial and public entity clients in the Midwest. The group specializes in providing strategic planning, employee benefits, employee communications, education and wellness products and services.

J. Patrick Gallagher, Jr., chairman, president and CEO of AJG, said the transaction will expand the specialty brokerage’s reach in the Midwest as well as bolster its growing presence in the employee benefits field.

“Burkwald is well-respected for their benefits consulting expertise and their ability to anticipate and provide benefit solutions for their clients’ evolving business needs. Not only do they have a sales culture that matches ours, their team is also focused on high-quality customer services,” Gallagher said in a news release. “In addition, their Milwaukee-area presence and solid industry relationships will be a terrific complement to our expanding employee benefits brokerage and consulting operation.”

Burkwald & Associates leader Daniel Burkwald will continue to direct his team from Milwaukee, and will report to William Ziebell, AJG’s North Central employee benefit consulting and brokerage leader.

The announcement comes as Arthur J. Gallagher prepares to release its third quarter 2015 earnings report. The company said it will reveal the results after the market closes on Tuesday, October 27.

In conjunction, J. Patrick Gallagher, Jr. will host a conference call on Wednesday, October 28, which will be broadcast live through Gallagher’s website at www.ajg.com. A conference call replay will also be available on the company's website approximately one hour after the broadcast and can be accessed by going to Investor Relations and clicking on Presentations. 
 

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