Gallagher snaps up aviation broker Air-Sur

Insurance brokerage and risk management firm Arthur J Gallagher has acquired Ormond Beach, Florida-based aviation and aerospace retail insurance broker Air-Sur.

Founded in 1976, Air-Sur serves air transport operators, service companies, component manufacturers, engine/airframe overhaul and modification centers, as well as general aviation operators.

Following the deal, Thomas Coughlin and his associates will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

J. Patrick Gallagher, Jr., chairman, president and CEO, said: "The Air-Sur team has an outstanding market reputation, and deepens and expands our aerospace capabilities across Florida and the Southeast. We are delighted to welcome Tom and his associates to our growing, global team."

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