Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired J.A. Lorenzo & Co. of New York City.
Founded in 1985, J.A. Lorenzo is a full-service retail insurance broker offering risk management, marine cargo, commercial property/casualty, and trade credit and political risk insurance services to a diverse client base. They also specialize in insurance products for the steel industry.
While their clients are located primarily in the Northeast, they service companies throughout the United States as well. Joseph A. Lorenzo and his staff will continue to operate in their downtown Manhattan location under the direction of John Stancik, Northeast regional manager of Gallagher’s brokerage services division.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
How Insurers Know When It’s Time to Scale AI 
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
Space Startups Seek Insurance for Orbital AI Data Centers 
