Gallagher declares deal for Ace Commercial

Arthur J. Gallagher & Co has moved to strengthen its foothold within the transportation market, buying Ace Commercial Insurance Center in California.

Ace is a specialist insurance coverage dealer that has carved a distinct segment throughout the trucking business. It serves purchasers based totally in Southern California and is headquartered within the metropolis of Corona.

Jackie Hoang, Anhdy Nguyen, and the remainder of the group at Ace will function from their present location below the management of Scott Firestone, who serves as the pinnacle of Gallagher’s Southwest area retail property/casualty brokerage operations.

Chairman, president and CEO J. Patrick Gallagher, Jr. commented on the acquisition and stated the addition of Ace expands Gallagher’s transportation market experience within the Southwest.

“I am very pleased to welcome Jackie, Anhdy and their associates to Gallagher,” he stated.

Ace is the newest in a collection of current acquisitions introduced by Gallagher. Earlier this month, the broking large revealed that it had swooped for Mississippi-based Southern Insurance Group, which makes a speciality of business and private property/casualty coverages. It additionally simply signed a deal to amass Eastern Insurance Group, a subsidiary of Eastern Bank.

Gallagher is headquartered in Rolling Meadows, Illinois. Its presence spans throughout 130 international locations worldwide, comprised of its owned operations and a community of correspondent brokers and consultants.

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