Rolling Meadows, Ill. (Aug. 9, 2018) – Arthur J. Gallagher & Co. is pleased to announce the acquisition of Leystone Insurance & Financial, Inc. Terms of the transaction were not disclosed.
Founded in Ottawa, Ontario, in 2001, Leystone Insurance & Financial offers employee benefits and retirement consulting services, specializing in individual life insurance and investment strategies, for clients across the province of Ontario. David McCulloch, Darryl Phippen and their associates will continue to operate from their current location under the direction of Leslie Lemenager, head of Gallagher’s international employee benefits consulting and brokerage operations.
“Leystone Financial is a well-regarded firm with similar core values that will strengthen Gallagher’s footprint in Ottawa, Canada’s capital,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “I am happy to welcome David, Darryl and their associates to our growing Gallagher family of professionals.”
About Arthur J. Gallagher & Co.
Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Leystone is a provider of employee benefits, retirement consulting, financial planning and life insurance solutions for individuals and businesses. Leystone Insurance is headquartered in Ottawa, Ontario.
Leystone Insurance has been a Subsidiary of Gallagher Arthur J & Co since Aug 2018.
SOURCE: Arthur J. Gallagher & Co.Tags: Acquisition, Arthur J. Gallagher, Leystone Insurance