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Arthur J. Gallagher has introduced one other acquisition in New England. Following its buy of Eastern Insurance last year, the corporate introduced this month that it has acquired The Rowley Firm.
Based mostly in New Hampshire, The Rowley Company was established by Joseph Rowley in 1966 with a single workplace in Harmony. Since then, the corporate has grown into one of many largest unbiased insurance coverage companies in northern New England offering property/casualty, surety and worker advantages merchandise to each industrial and private strains shoppers primarily in New Hampshire, Vermont, Maine and Massachusetts. Since 1991, the corporate has been run by majority house owners, Dan Church (CEO) and Gary Stevens (President),
“The Rowley Company’s experience in niches together with building, manufacturing and healthcare enhances our present capabilities as we proceed to develop our presence in New England,” stated J. Patrick Gallagher, Jr., Chairman and CEO. “I’m delighted to welcome Dan, Gary and their associates to Gallagher.”
Based on the phrases of the transaction, each Dan Church, Gary Stevens and their staff will stay of their present location underneath the route of Brendan Gallagher, head of Gallagher’s Northeast area retail property/casualty brokerage operations, and John Neumaier, head of Gallagher’s East area worker advantages consulting and brokerage operations. No additional phrases of the deal had been disclosed.
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