ROLLING MEADOWS, Ill. — Arthur J. Gallagher & Co. today announced the acquisition of Old Greenwich, Connecticut-based Shepard Insurance Group. Terms of the transaction were not disclosed.
Shepard Insurance Group is a retail insurance broker that specializes in serving high-net-worth clients in the Northeast US and Florida. Steve Shepard, Kyle Shepard and their team will remain in their current location under the direction of Brendan Gallagher, head of Gallagher’s Northeast region retail property/casualty brokerage operations.
“Shepard Insurance Group is well regarded for their client service and will expand our high-net-worth offerings in the Northeast,” said J. Patrick Gallagher, Jr., Chairman and CEO. “I am delighted to welcome Steve, Kyle and their associates to Gallagher.”
SOURCE Arthur J. Gallagher & Co.
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