Arthur J. Gallagher & Co. has acquired the retail insurance coverage dealer and threat administration agency Anderson Benson.
Founded 2012, the Nashville, TN-based Anderson Benson has an leisure area of interest experience. The dealer additionally has specializations in hospitality, building, transportation and personal shoppers throughout the US.
As a part of the deal, George Anderson, Reno Benson, Brent Daughrity, Steve Buzzell, Will Wright and the remainder of the Anderson Benson group will stay of their present location, below the supervision of Gallagher head of Mid-South retail property/casualty brokerage operations Bumpy Triche.
“Anderson Benson’s entertainment market expertise offers us significant opportunities for growth,” mentioned Gallagher chairman, president and CEO J. Patrick Gallagher, Jr. “I am delighted to welcome George, Reno, Brent, Steve, Will and their associates to Gallagher.”
For the 12 months 2022, Gallagher posted internet earnings of $1.1 billion (adjusted: $1.6 billion), up from $955 million in 2021. The firm’s broking section noticed 2022 internet earnings of $1.2 billion (adjusted: $1.8 billion), a rise from the earlier 12 months’s $1 billion. Meanwhile, its threat administration section noticed internet earnings of $115.8 million (adjusted: $120 million), up from 2021’s $89.5 million.