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Arthur J. Gallagher & Co. said it has acquired The Plus Companies Inc. in Bridgewater, New Jersey. Terms were not disclosed.

Established in 1985, The Plus Companies Inc.(TPC) is a managing general agent and program manager which provides non-medical, professional liability and umbrella insurance products and services to their independent insurance agent and broker clients throughout the United States.

TPC specializes in liability programs for lawyers, architects, engineers, insurance agents and brokers, surplus lines brokers, managing general agents and title insurance and escrow agents.

TPC’s Robert Ciuffreda and his associates will continue to operate from their current location under the direction of Joel Cavaness, president of Risk Placement Services Inc., a subsidiary of Arthur J. Gallagher & Co.

Headquartered in Itasca, Ill., Arthur J. Gallagher & Co. is an international insurance brokerage and risk management services firm. It has operations in 27 countries and offers client service capabilities in more than 140 countries through a network of correspondent brokers and consultants.

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Topics Mergers & Acquisitions Agencies New Jersey