AJG acquires Insurance Point

Arthur J. Gallagher has acquired US employee benefit consultation firm Insurance Point.

Insurance Point offers employee benefit consultation and insurance brokerage services designed exclusively for healthcare systems and hospitals throughout the US.

Along with traditional life and disability insurance programs, it also specialises in voluntary benefits, medical stop-loss insurance, leave and sick plan programmes, benefit administration systems and executive benefit programmes.

Led by Michael Greco, Insurance Point will continue to operate in its current locations and will be under the direction of William Ziebell, head of Gallagher's North Central employee benefit consulting and brokerage operations.

"Insurance Point is highly regarded in the industry for its depth of experience with employee benefit cost containment that provides long-term solutions for its healthcare clients," said J. Patrick Gallagher, chairman, president and chief executive officer.

"Their focus on quality client service, solid market relationships, team-based culture and strong healthcare expertise will be a great complement to our employee benefits operation. We are pleased to welcome Mike and his team to our growing Gallagher family of professionals."