AJG acquires US specialty MGA
Arthur J. Gallagher has acquired managing general agent and wholesale insurance broker Cowles & Connell based in Brewster, New York and Meriden, Connecticut.
Established in 1892, Cowles & Connell provides excess and surplus, property/casualty, professional business liability and other specialty insurance products and services to independent retail insurance broker clients throughout the US.
Jo Ann Peri and her associates will continue to operate from their locations in Brewster; Meriden; Westampton, New Jersey and Wilbraham, Massachusetts under the direction of Joel Cavaness, president of Risk Placement Services, a subsidiary of Arthur J. Gallagher.
"Cowles & Connell is widely respected in the industry for their innovation, depth of experience, and dedication to client service. Not only do they add to our wholesale geographic footprint, but their talented sales culture brings with it years of specialty product knowledge which enables them to handle and match hard to place risks with the appropriate markets," said J. Patrick Gallagher, president and chief executive officer. "Their market relationships and expertise will be a wonderful complement to our expanding wholesale network, and we are extremely pleased to welcome Jo Ann and her colleagues to our growing Risk Placement Services' family of professionals."
