Broker Arthur J Gallagher & Co (AJG) has acquired Hogan Insurance Services, a retail insurance broker providing property/casualty, employee benefits, risk management and specialty wholesale insurance services for commercial clients throughout Southern California.
Robert Hogan and his team will continue to operate in their current Westlake Village location under the direction of James McFarlane, Western Regional manager of Gallagher's retail property/casualty brokerage operation.
Terms of the transaction have not been disclosed.
"Hogan has a culture that focuses on developing outstanding client relationships, strong carrier partners and high-quality sales and service capabilities," said J Patrick Gallagher, Jr, chairman, president and chief executive officer, AJG. "Its geographic presence, specialisation and team-based culture will be an excellent complement to our Western Region brokerage operations.
He added: “We are extremely pleased to welcome Bob and his colleagues to our growing Gallagher family of professionals."