Arthur Gallagher Acquires Employee Benefits Brokerage

Arthur J. Gallagher and Co. of Itasca, Illinois, acquired Broker Benefit Services LLC.

Terms of the transaction were not disclosed.

Broker Benefit Services, in Chesterfield, Missouri, offers employee benefit brokerage and consulting services for their clients in the midwest. They specialize in group health and welfare, executive benefits and wellness plans with an emphasis on planning, design, implementation and cost-containment for group businesses. Corey M. Durbin, John H. Byrne and their associates will continue to operate in their current location under the direction of William Ziebell, north central regional executive vice president of Gallagher’s employee benefit consulting and brokerage operations.

“Over the last 11 years, Broker Benefit Services has developed a strong team with the experience and expertise in providing the latest solutions for their clients’ employee benefit needs,” said J. Patrick Gallagher, Jr., chairman, president and chief executive of Arthur Gallagher. “This dynamic agency’s solid growth is a tribute to their entrepreneurial culture and their team-based focus on client service. They will be a wonderful complement to our employee benefits operations.”