17 April 2015 Insurance

AJG acquires retail insurance broker

Arthur J Gallagher (AJG) has acquired retail insurance broker Madison Risk & Insurance Services.

Founded in 1997, Madison provides property/casualty and risk management insurance and consulting services exclusively for the healthcare industry.

It specialises in coverages for hospitals, individual and group physicians, physician assistants, health systems, nurse practitioners, and allied facilities and providers throughout the US.

Anthony Bowen, Kathryn Bowen and their associates will continue to operate from their current location under the direction of James McFarlane, head of Gallagher's western retail property/casualty brokerage operations.

"For nearly 20 years, Madison has developed an outstanding reputation for its depth of industry expertise, strong market relationships and focus on quality client service," said J Patrick Gallagher, Jr, chairman, president and chief executive officer.  "Their team's sales-based culture and healthcare industry specialisation will be a terrific complement to our Western region, and we are very pleased to welcome Anthony, Kathryn and their colleagues to our growing Gallagher family of professionals."

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