Arthur J. Gallagher & Co. has acquired Kalamazoo, Michigan-based First Agency Inc. Terms of the transaction were not disclosed.
Founded in 1959, First Agency Inc. is a broker and managing general agency specialized in offering blanket student and athletic accident insurance coverage, including sports camps/special risk insurance, to colleges and K-12 schools.
It also provides claims administration and policy issuance for several insurers and sells specialty coverages directly to individual students via its website.
Bryan Cronen and his associates will continue to operate from their current location under the direction of Cindy LaMantia, head of Gallagher’s Great Lakes region retail property/casualty brokerage operations.
Source: Arthur J. Gallagher & Co.
Topics Mergers & Acquisitions Michigan
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