Gallagher snaps up property/casualty broker in the US

Global insurance brokerage and risk management firm Arthur J Gallagher has acquired a retail property/casualty broker based in Oakbrook, Illinois.

RJ Riordan & Co. offers a full range of insurance products and services to clients across the Chicago region. The team specialises in serving clients in the construction and transportation industries.

Following the acquisition, RJ Riordan's team will relocate to Gallagher's retail brokerage operations in Rolling Meadows, Illinois, under the direction of J. Ryan Isaacs, head of Gallagher's Midwest region retail property/casualty brokerage operations.

"The R.J. Riordan team brings us additional expertise and growth opportunities, particularly in the construction industry," said J. Patrick Gallagher, Jr., chairman, president and CEO. "We are very pleased to welcome them to Gallagher."

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