IBA South: AJG acquires GIA

IBA South: AJG acquires GIA | Insurance Business

IBA South: AJG acquires GIA

Arthur J. Gallagher & Co. (AJG), a global insurance brokerage and risk management services firm, has announced its acquisition of Group Insurance Associates, Inc. (GIA), an employee benefits insurance broker, in Metairie, Louisiana.

The terms of the transaction were not disclosed.

Established in 1983, GIA offers all lines of group benefit insurance products to small and middle-market businesses and individual clients throughout the US, specialising in health, life, dental, and disability coverages, AJG said in a statement.

GIA’s Wayne Lanwerlin, Glenn Hayes, and their team will continue to operate in their current location under the supervision of John Neumaier, head of AJG’s South Central employee benefit consulting and brokerage operations.

J. Patrick Gallagher, Jr., chairman, president, and CEO, said: “GIA’s team is well-known for their group expertise, market relationships, and quality service.

“In addition, their Louisiana presence and their team-based sales culture will be a terrific complement to our South Central employee benefits brokerage and consulting operation. We are pleased to welcome Wayne, Glenn and their associates to our growing Gallagher family of professionals.'


 

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