Arthur J. Gallagher&Co. Acquires the Lance Group

Arthur J. Gallagher&Co. acquired employee benefit broker The Lance Group, LLC, the company announced.

Scott Lance and his associates will continue to operate in their current location of Marlton, New Jersey, under the direction of David Ziegler, eastern regional executive vice president of Gallagher’s employee benefit consulting and brokerage operations, Gallagher said.

The Lance Group, founded in 2002, offers employee benefit consulting and brokerage services, including plan analysis and design, cost containment strategies, and administrative and claims assistance, to their clients in the eastern United States. They specialize in the public sector industry including school boards, municipalities, and public authorities.

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Gallagher, an insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, and does business in more than 100 countries through a network of correspondent brokers and consultants.

“The Lance Group’s depth of public entity experience will be a wonderful complement to our company’s niche strategy,’ said J. Patrick Gallagher, Jr., chairman, president, and CEO at Gallagher. “They also bring with them a teamwork philosophy and client dedication that will fit well within our employee benefit consulting and brokerage division.’