Gallagher snaps up Michigan agency

Arthur J. Gallagher & Co. has introduced that it has acquired the property of the retail company enterprise of Coverys Insurance Systems, a full-service insurance coverage dealer primarily based in East Lansing, Mich. Terms of the transaction weren’t disclosed.

Coverys Insurance Services focuses on medical malpractice {and professional} legal responsibility for healthcare shoppers throughout Michigan, Gallagher mentioned in a information launch.

As a part of the acquisition, the Coverys crew will stay in its present location, reporting to Ryan Isaacs, head of Gallagher’s Midwest regional retail P&C brokerage operations.

“Coverys Insurance Services is a highly regarded agency whose deep healthcare expertise provides significant opportunities for growth in the region,” mentioned J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “I am very pleased to welcome the Coverys Insurance Services team to Gallagher.”

Coverys Insurance Services is the most recent in a string of acquisitions by Gallagher. Earlier this month, the brokerage large snapped up Connecticut-based WDK Benefits and The Evans Agency, a business P&C agency headquartered in Williamsville, N.Y.

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