Arthur J. Gallagher & Co. Acquires Retail Insurance Broker in California

Arthur J. Gallagher & Co. Acquires Nourse Insurance Brokers, Inc.

ITASCA, IL — Arthur J. Gallagher & Co. announced the acquisition of Nourse Insurance Brokers, Inc. in Walnut Creek, California. Terms of the transaction were not disclosed.

Founded in 1935, Nourse Insurance Brokers, Inc. is a retail insurance broker offering personal and commercial property/casualty insurance products and services to their clients throughout the Western United States. They have expertise with personal lines, especially high net worth clients, and offer insurance programs that meet the needs for small to medium sized businesses. Dina Campana Smith, James B. Salisbury and their associates will continue to operate in their Walnut Creek location under the direction of James G. McFarlane, West Coast Regional Manager of Gallagher’s retail property/casualty brokerage operations.

J. Patrick Gallagher, Jr., Chairman, President and CEO said, “Nourse Insurance Brokers’ professional staff has an excellent reputation for their industry experience and solid market relationships. Their team-based culture and outstanding client service will be a wonderful complement to our West Coast Region. We look forward to working with Dina, Jim and their team for many years to come, and we welcome them to our growing Gallagher family of professionals.”