Brokerage Arthur J. Gallagher announces latest acquisition

Brokerage Arthur J. Gallagher announces latest acquisition | Insurance Business America

Brokerage Arthur J. Gallagher announces latest acquisition
International brokerage Arthur J. Gallagher has announced that it has acquired Wisconsin-based Kelly Financial.

Kelly Financial, Inc. offers retirement plan management, wealth management and life insurance coverages to businesses and individuals throughout its home state of Wisconsin.

The firm, founded in 1957, will continue to be led by Scott Kelly, who incorporated the firm in 1994, Gallagher said in a release.

Kelly will continue to operate from its current Madison location, under the direction of John Neumaier, head of Gallagher’s Great Lakes region employee benefits consulting and brokerage operations.

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Arthur J. Gallagher’s chairman, president and CEO, J. Patrick Gallagher, Jr., said the brokerage was pleased to welcome Scott and his associates to the “growing Gallagher family.”

“Scott has built a phenomenal team that is highly regarded for their expertise, which strengthens and expands our retirement consulting services across the Great Lakes region and the State of Wisconsin,” Gallagher said.

Illinois-based Arthur J. Gallagher & Co., which offers brokerage and risk management services, has operations in 33 countries and offers client service capabilities in more than 150 countries.

Terms of the deal were not disclosed.

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