Gallagher snaps up Florida insurance agency Stonehenge

Insurance brokerage and risk management firm Arthur J Gallagher has acquired Florida-based Stonehenge Insurance Solutions to strengthen its retail and wholesale brokerage capabilities in the US market.

Founded in 2007, Stonehenge offers commercial insurance products and consulting services to professional employer organisations (PEO's) and staffing clients throughout the US. It provides specialised products such as worker's compensation; professional, employment practices, general and cyber liability; commercial, hired and non-owned auto; workplace violence; and umbrella coverages, among other customised services.

Jeff Rendel, Troy Reynolds, Chris O'Connor and their associates will relocate to their new offices in Tequesta, Florida, in July, under the direction of Peter Doyle, head of Gallagher's Southeast region retail property/casualty brokerage operations.

"Stonehenge is one of the premier PEO and staffing-centric insurance agencies in the country and will significantly strengthen our retail capabilities in that market. They will also expand cross-selling opportunities between our retail and wholesale brokerage operations," said J. Patrick Gallagher, Jr., chairman, president and CEO. "I am very pleased to welcome Jeff, Troy, Chris and their team to Gallagher."