ROLLING MEADOWS, Ill. — Arthur J. Gallagher & Co. today announced the acquisition of Washington, Iowa-based Horak Insurance, Inc. Terms of the transaction were not disclosed.
Horak Insurance is a retail property/casualty insurance agency serving commercial and personal lines clients as well as farms in eastern and central Iowa. Paul Horak, Luke Horak and their team will remain in their current locations under the direction of Ryan Isaacs, head of Gallagher’s Midwest region retail property/casualty brokerage operations.
“Horak Insurance has a long-standing reputation in the communities they serve and provides significant growth opportunities for our business in Iowa,” said J. Patrick Gallagher, Jr., Chairman and CEO. “I am delighted to welcome Paul, Luke and their associates to Gallagher.”
SOURCE Arthur J. Gallagher & Co.
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
