Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Monday that it had acquired New York-based Rosenzweig Insurance Agency Inc.
However, the company did not disclose any financial details of the agreement.
Rosenzweig Insurance Agency is a full-service insurance broker with pharmacy expertise, which serves a client base of individuals, small and medium-sized business entities in the United States.
Larry Rosenzweig, Lynn Rosenzweig Derby and their team will remain in their current location and will operate as part of Gallagher Agency Alliance led by Jen Tadin, managing director of Gallagher’s Global Small Business practice.
“Rosenzweig Insurance Agency has a long history of client-focused service and will enhance our capabilities in the small business space,” J. Patrick Gallagher, Jr., Chairman, President and Chief Executive Officer, said in a press release.
“I am delighted to welcome Larry, Lynn and their associates to Gallagher,” the CEO added.
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